Dictionary
TRANSLATION
Spanish
prestamista
English
lender
EXAMPLES
España tiene los mismos problemas fiscales y estructurales previos al lanzamiento de las TMD, pero ahora cuenta con un prestamista externo de última instancia.
Spain has the same fiscal and structural problems that it had prior to the OMT program’s launch, but now it has an external lender of last resort.
Así como el dólar suele ser la unidad de cuenta en los contratos de deuda, incluso cuando ni el prestatario ni el prestamista son entidades estadounidenses, la participación del dólar en la facturación del comercio internacional es aproximadamente de 4,5 veces la participación de EE. UU. en las importaciones mundiales y el triple de su participación en las exportaciones mundiales.
Just as the dollar is often the unit of account in debt contracts, even when neither the borrower nor the lender is a US entity, the dollar’s share in invoicing for international trade is around 4.5 times America’s share of world imports, and three times its share of world exports.
La negativa del BCE a actuar como prestamista de última instancia obligó a crear una institución reemplazante, el Fondo Europeo de Estabilidad Financiera; pero en los mercados financieros todo el mundo sabe que el FEEF no tiene suficiente poder de fuego para hacerse cargo de la tarea y que, además, su estructura de gobernanza es ineficaz.
The ECB’s refusal to be a lender of last resort forced the creation of a surrogate institution, the European Financial Stability Facility.
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