KudoZ home » French to English » Finance (general)

actions de contrôle

English translation: control shares (Canada)

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

French term or phrase:	actions de contrôle
English translation:	control shares (Canada)
Entered by:	michellekb

Options:
- Contribute to this entry
- Include in personal glossary

19:50 Jan 23, 2012

French to English translations [PRO]
Bus/Financial - Finance (general) / company ownership

French term or phrase: actions de contrôle

Le prédécesseur [fondateur de l'entreprise] demeure actif à titre de président du conseil d’administration et dispose encore d’actions de contrôle

The text is being translated into "Canadian" English, and I am trying to figure out if I can used "control stock" which appears to be the US equivalent for this term or if I need to remain consistent in my choice of terminology and use "- share". In that case, what term would be correct?

From what I can understand that these shares give him majority voting rights.

michellekb KudoZ activity Questions: 10 (none open) (1 closed without grading) Answers: 1
Local time: 13:27

control shares

Explanation:
I'd be a bit careful here: a controlling interest means a majority share, not the same as having control shares

http://library.findlaw.com/1999/Apr/1/126705.html

http://en.wikipedia.org/wiki/Controlling_interest

--------------------------------------------------
Note added at 4 hrs (2012-01-24 00:09:13 GMT)
--------------------------------------------------

another reference from Canada:

http://www.millerthomson.com/en/publications/newsletters/wea...

Selected response from:

Sean Sheahan
France
Local time: 13:27

Grading comment

Thanks so much. This is exactly the info I needed! Michelle
4 KudoZ points were awarded for this answer

Summary of answers provided

3 +2

controlling interest

Marco Solinas

voting shares / shares with superior voting rights

rkillings

control shares

Sean Sheahan

Discussion entries: 4

Answers

6 mins confidence:

peer agreement (net): +2

controlling interest

Explanation:
One way that is commonly used

Marco Solinas
Local time: 04:27
Specializes in field
Native speaker of:

English,

Italian
PRO pts in category: 15

Notes to answerer

Asker: thanks Marco. I think this is generally the right answer, but in the specific context (which I perhaps did not explain sufficiently) it is control shares

3 hrs confidence:

control shares

Sean Sheahan
France
Local time: 13:27
Works in field
Native speaker of:

English
PRO pts in category: 4

Grading comment

Thanks so much. This is exactly the info I needed! Michelle

3 hrs confidence:

voting shares / shares with superior voting rights

Explanation:
It doesn't say he (the founder) has all, or even a majority, of the 'actions de contrôle'. The safe assumption is that he has *some*. But that is a big deal if the company has a dual-class shareholding structure.

Since you want Canadian English, your reference should be the webpage linked below. You can switch between French and English by clicking on the language label in the top right corner.

The source term appears once in the French version. Unfortunately for you, the English version has just "shares" in the matching sentence -- but the obvious implication is that a block of shares with disproportionate voting rights is at issue. (The French version is commendably more explicit.)

Be aware that most of the Ghits for the source term are for another meaning entirely.

--------------------------------------------------
Note added at 6 hrs (2012-01-24 02:28:53 GMT)
--------------------------------------------------

If the company in question is a private Canadian corporation, then it is probably safe to assume that the source term does indeed correspond to "control shares" under Canadian tax law.
If this is not the case, it would be better to avoid that term in English. The French source term is not used with the same meaning in France; see the PDF at http://www.persee.fr/web/revues/home/prescript/article/ridc_... For one thing, it applies to publicly traded companies as well. In France, a statement clearly indicating that the founder holds a controlling interest would, I think, have to involve the term 'bloc de contrôle', or at least the definite article. The statement here is less than clear in this respect.

Reference: http://www.parl.gc.ca/Content/LOP/researchpublications/prb05...

rkillings
United States
Local time: 04:27
Specializes in field
Native speaker of:

English
PRO pts in category: 891

Return to KudoZ list

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

Overview

Latest translation questions

Ask a translation question

See also:

ProZ.com term search

Search millions of term translations

actions de contrôle

English translation: control shares (Canada)

Login or register (free and only takes a few minutes) to participate in this question.

Answers

Sign in to your ProZ.com account...

Or create a new account

ProZ.com ideas

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

actions de contrôle

English translation: control shares (Canada)

Login or register (free and only takes a few minutes) to participate in this question.

Answers

Sign in to your ProZ.com account...

Or create a new account

ProZ.com ideas

KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.