14:32 Mar 31, 2004 |
English to French translations [PRO] Law/Patents - Law (general) | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: NatalieD | ||||||
Grading comment
|
rédaction et régularisation (d'écritures) Explanation: Pour Writing-off, voir Eurodicautom ou GDT = régularisation d'écritures. Pour Writing up, voir GDT = rédaction |
| |
Login to enter a peer comment (or grade) |
Emettre et annuler Explanation: My understanding is that the share certificates get "issued" and "cancelled". |
| |
Login to enter a peer comment (or grade) |
... Explanation: enregistrer re-enregistrer This could have something to do with registration/re-registration. This generally applies to registered securities (debt and equity) than can be held on a fungible basis. Necigef, like most clearing systems, probably holds securities under a nominee's name in order to keep them fungible within the system, i. e. they remain registered in Necigef's nominee's name for as long as they stay in the clearing system. Once they leave the system (which is possible through a multitude of transactions - both corporate actions and settlement) they are re-registered in a name of the new holder, or the intermediary who will also hold the securities for the final beneficiary (could also be another clearing system, e. g. in the case of multilisted securities) on a nominee's name basis. Fungibility means that a participant for instance brings serial number 1, 2 and 3 into the system but may receive the serial numbers 6, 7 and 8 when taking them out of the clearing system - there is only a guarantee that the participant receives 'equivalent securities' but not necessarily the exact same serial numbers. |
| |
Login to enter a peer comment (or grade) |
rédiger ... annuler ... Explanation: "to write up" = "rédiger", "rédaction", "émettre" ... selon le contexte. "to write off" = "annulation comptable", "dépréciation comptable", "traiter comme inexistant" ... selon le contexte. Bonne chance ... |
| |
Login to enter a peer comment (or grade) |
émission et annulation Explanation: Normalement, ce sont des termes de comptabilité (write up : enregistrer; inscrire; comptabiliser - write off : radier; éliminer du bilan), mais dans le contexte, il semble être question de l'émission et de l'annulation du certificat d'action. -------------------------------------------------- Note added at 1 hr 24 mins (2004-03-31 15:56:45 GMT) -------------------------------------------------- Selon ce que je comprends d\'autres textes de même nature, il s\'agirait en fait d\'\"ajouter\" ou de \"soustraire\" des actions d\'un certificat d\'actions. Necigef agit comme dépositaire des certificats d\'actions et elle a l\'obligation de faire ce qui est nécessaire pour que la société émettrice puisse modifier le nombre d\'actions inscrit sur le certicat détenu par Necigef au nom d\'un actionnaire. Voici un exemple de texte au même effet, mais rédigé différemment: 4. The Company shall have this share certificate be kept in custody by the central institution under the Netherlands Giro Securities Transactions Act, hereinafter: \"Necigef\", for the benefit of those entitled to the shares represented by this share certificate. 5. The Company shall confer a right to a share in bearer form, to the person entitled thereto, (a) by having Necigef enable the Company to register an additional share on the share certificate and (b) by having the person entitled thereto designate an institution qualifying as a participant of Necigef as defined in the Netherlands Giro Securities Transactions Act, hereinafter a \"Necigef Participant\", which will credit such person accordingly as a holder of co-ownership rights in its collective depot (\'verzameldepot\') of shares in the Company. 6. Without prejudice to the provisions of Article 13, paragraph 4, of these Articles of Association, Necigef shall irrevocably be entrusted with control over the share certificate and shall irrevocably be authorised to, on behalf of those entitled to the shares represented by the share certificate, do all things necessary with respect thereto, including to accept, to deliver and to cooperate to the registration of increases and decreases on the share certificate. http://www.heinekeninternational.com/images/IR_laws_NV_final... |
| |