GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:59 May 22, 2003 |
French to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Lorianne Weston Local time: 03:26 | ||||||
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duty of care Explanation: TERMIUM: devoir de diligence English:Torts (Common Law) duty of care s CORRECT OBS - A fundamental concept of the common law of negligence. One person who has harmed another is legally liable to him on the ground of negligence only if the court holds that the defendant had in the circumstances owed the plaintiff a legal duty of care, not to have done or allowed to happen the acts which caused the harm, and had in the circumstances failed to implement the duty by not taking the kind and standard of care and precautions required by law. s I wouldn't translate devoir de fidelité as I believe it is merely an attempt to translate the English "duty of care" concept, but if you must, I would put duty of care and loyalty -------------------------------------------------- Note added at 2003-05-22 14:05:44 (GMT) -------------------------------------------------- fulfillment of duty of care |
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duty of care and loyalty Explanation: duty of loyalty defined in Black's as a duty not to engage in self-dealing or otherwise one's position to further personal interests rather than those of the beneficiary |
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compliance with obligations of diligence and good faith incumbent upon Explanation: Under Ohio law, a securities salesperson stands in a fiduciary capacity with his or her customer. An investor places special trust in a securities salesperson, who occupies a "superior position" in their relationship. Consequently, a securities salesperson must perform his or her duties with *good faith, honesty and reasonable diligence.* http://www.securities.state.oh.us/About/criteria.html Reference: http://www.securities.state.oh.us/About/criteria.html |
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due care and diligence Explanation: standard compliance lingo as used, for instance, by the Financial Services Authority in the City of London. |
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