Jun 2, 2007 23:55
17 yrs ago
1 viewer *
Persian (Farsi) term
rant, rantkhor
Persian (Farsi) to English
Bus/Financial
Finance (general)
I heard this on a recent Radio Farda program about the recent government decision to reduce interest rates. Etemad newspaper was quoted using these terms which I believe come from French "rente" but the meaning seems to be different. It seems to mean "unreasonable profits" and "profiteering". Am I correct?
Proposed translations
(English)
Proposed translations
13 hrs
Selected
lucrative privilege granted without others' knowledge; a conniving fininaial insider
This term is used for those in Iran nowadays, who are conducting financial activities harmful to the economic good of the common people using their government connections. So they cannot simply be called "Rentier". Another distinction here is that no one in Iran seems to know who these people are, but everyone knows they do exist judging by the drastic financial results of their activities. Radio Farda's reporting is a good example: As interest rates by banks is decreased, these people seem to be able to obtain currency with low interest and lend it to the average Iranian on the open market with much higher rates using their non descriptive distribution channels, i.e. "Sarraf" shops.
Note from asker:
Thanks for the valuable "localization" of the terms! |
4 KudoZ points awarded for this answer.
Comment: "Thanks to all who offered help on this topic. All the answers were useful, especially Hamid Sadeghieh's links, but I am selecting this one as the most useful to the specific context of the question. Kudos to all."
2 hrs
Profit or Revenue, Exploit
Profit, Revenue (from interest) Interest payable by the government on its indebtedness.
To exploit the system selfishly for one's own ends.
Yes, you are right.
To exploit the system selfishly for one's own ends.
Yes, you are right.
Note from asker:
thanks! |
3 hrs
political corruption/rent and rent seeking
Misusing position and power to gain profit and/or monopolize a right. This action is considered a corporate crime and the connotation is highly negative.
Recently you may hear the term "rante siasi" which is not an economic term rather it refers to gaining political achievments/power by misusing current position and monopolizing access to mass media and censorship.
Compare deffinitions from the following sources:
http://www.tcwmagazine.com/tahlil/m6-2.htm
http://www.mehrnews.com/fa/NewsDetail.aspx?NewsID=448490
http://en.wikipedia.org/wiki/Political_corruption
http://en.wikipedia.org/wiki/Rent_seeking
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Note added at 3 hrs (2007-06-03 03:18:40 GMT)
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Just to corect myself, this action is not always a corporate crime rather natural persons may be charged with it; a recent example of economic rent-seeker is Shahram J.
Recently you may hear the term "rante siasi" which is not an economic term rather it refers to gaining political achievments/power by misusing current position and monopolizing access to mass media and censorship.
Compare deffinitions from the following sources:
http://www.tcwmagazine.com/tahlil/m6-2.htm
http://www.mehrnews.com/fa/NewsDetail.aspx?NewsID=448490
http://en.wikipedia.org/wiki/Political_corruption
http://en.wikipedia.org/wiki/Rent_seeking
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Note added at 3 hrs (2007-06-03 03:18:40 GMT)
--------------------------------------------------
Just to corect myself, this action is not always a corporate crime rather natural persons may be charged with it; a recent example of economic rent-seeker is Shahram J.
Note from asker:
thanks for the links! |
8 hrs
unearned income/daramade badavardeh
رانت، دريافتي حاصل از فعاليتهاي غير مولد است.
منظور از رانت ، انتقال درآمد به افراد يا گروههايي كه از جامعه به خاطر توان بالقوه آنها در ايجاد محدوديت در فعاليت اقتصادي ديگران است. در واقع درآمد بادآوردهاي است كه، از توان بالقوه عدهاي از افراد جامعه در انتقال درآمد ديگران حاصل ميشود.
- در مفهوم عاميانه، رانت ا همان سود بادآورده است كه كسب درآمد نه از طريق مشاركت عامل توليد در فعاليت توليدي، بلكه به واسطه داشتن قدرت سلب اختيار از ديگران امكانپذير شده است. وجود رانت در هر نظام اقتصادي اولا به معناي تخصيص غيربهينه منابع و ثانيا ناعادلانه بودن نظام اقتصادي است و لذا مانع رشد و توسعه اقتصادي است.
منظور از رانت ، انتقال درآمد به افراد يا گروههايي كه از جامعه به خاطر توان بالقوه آنها در ايجاد محدوديت در فعاليت اقتصادي ديگران است. در واقع درآمد بادآوردهاي است كه، از توان بالقوه عدهاي از افراد جامعه در انتقال درآمد ديگران حاصل ميشود.
- در مفهوم عاميانه، رانت ا همان سود بادآورده است كه كسب درآمد نه از طريق مشاركت عامل توليد در فعاليت توليدي، بلكه به واسطه داشتن قدرت سلب اختيار از ديگران امكانپذير شده است. وجود رانت در هر نظام اقتصادي اولا به معناي تخصيص غيربهينه منابع و ثانيا ناعادلانه بودن نظام اقتصادي است و لذا مانع رشد و توسعه اقتصادي است.
Note from asker:
thanks for this quote! |
11 hrs
a lucrative privilege granted to an insider by the government, a rentier
Rantkhor: A person who grows fat on the economic favours of the government, a rentier
Rant'e eqtesadi: an economic favour made to somebody by the government
Rant'e eqtesadi: an economic favour made to somebody by the government
Note from asker:
thanks for these explanations! |
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