Spanish translation: carta de poder sobre acciones
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English to Spanish translations [PRO] Bus/Financial
English term or phrase:stock power
This term is within a paragraph in a so called "Intermediary Agreement" between a family of funds based in the Cayman Islands and any person or company who wants to act as intermediary for the selling and buying of the funds' shares. The specific paragraph follows:
"If any shares sold to you by us under the terms of this Agreement are repurchased by the issuer or us or are tendered for redemption within seven days after the date of the original purchase by you, it is agreed that you shall forfeit your right to any commission, fee or other payment received y or allowed to you herunder on such Shares.
We will notify you of any such repurchase or redemption within ten business days from the date on which a stock power or letter of instructions, if no certificate has been issued, or the certificate is delivered to us or to the issuer...."
Explanation: stock power n
BANK, STOCK carta de poder sobre acciones f, carta-poder para la venta de valores f,
poder escrito para vender acciones m
Dammel Local time: 14:09 Native speaker of: Spanish PRO pts in pair: 262
Thanks to you both! Dammel's suggestion was the closest to the meaning and spirit of the paragraph.
14 hrs confidence:
Formulario de poder para la transferencia de acciones
Explanation: Power of attorney form transferring ownership of a registered security from the owner to another party. It is separated from the certificate and is attached to it when the security is sold.
Ana Cicconi Local time: 14:09 Native speaker of: Spanish PRO pts in pair: 45