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prêt de consommation d'actions consenti à un future actionnaire

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11:43 Mar 26, 2004
This question was closed without grading. Reason: Answer found elsewhere

French to English translations [PRO]
Law/Patents - Law: Contract(s) / legal/finance/banking
French term or phrase: prêt de consommation d'actions consenti à un future actionnaire
I am considering "stock lending benefitting a future shareholder". This is the title at the top of a legal document, a contract.
Deborah Mends
France
Local time: 01:31
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Summary of answers provided
4 +1share-swap loan granted to a prospective sharholderxxxKirstyMacC
4loan of enjoyment of shares granted to a prospective shareholderMary Lalevee
4simple share loan to future shareholders
Graham macLachlan
3loan program for stock purchases
Martha Melter


Discussion entries: 7





  

Answers


54 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
prêt de consommation d'actions consenti à un future actionnaire
loan program for stock purchases


Explanation:
A loan program to help finance the purchase of stock

Martha Melter
France
Local time: 01:31
Native speaker of: Native in EnglishEnglish
Grading comment
This is not accurate as it is not a question of money loaned to purchase shares - rather, shares are being loaned to a prospective shareholder who does not yet own them (for financial reasons? other reasons?) so they may function as shareholders
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The asker has declined this answer
Comment: This is not accurate as it is not a question of money loaned to purchase shares - rather, shares are being loaned to a prospective shareholder who does not yet own them (for financial reasons? other reasons?) so they may function as shareholders

55 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
prêt de consommation d'actions consenti à un future actionnaire
simple share loan to future shareholders


Explanation:
prêt de consommation : simple loan (GDT)

Graham macLachlan
Local time: 01:31
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 39
Grading comment
I also found "simple loan" with Eurodicatom for "prêt de consommation", which is not the same thing as a "prêt de consommation d'actions". Consultation with the lawyers in my firm confirms that adding "share" to the term does not make it work, since it is not the correct translation to start with
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Comment: I also found "simple loan" with Eurodicatom for "prêt de consommation", which is not the same thing as a "prêt de consommation d'actions". Consultation with the lawyers in my firm confirms that adding "share" to the term does not make it work, since it is not the correct translation to start with

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
share-swap loan granted to a prospective sharholder


Explanation:
Pret de consom.> 'contrat de livrer ... une certain quantite des choses qui se consomment (actions?!) par l'usage, a charge de rendre au preteur ... autant de la MEME espece et de la MEME qualite'. art 1,892 Code Civ. fr.

Vozez aussi du droit romain: un commodat des fongibles (actions?- baf!): art. 1,875 Code civ. fr.

'Home business idea Trade Exchange *Share Swap Barter*. ... an equity investment into the Company of roughly $10 Million along with funding per a loan agreement for ...'





    Reference: http://www.onecer.net/idea/idea5.html
xxxKirstyMacC
Local time: 00:31
Native speaker of: Native in EnglishEnglish
PRO pts in category: 139
Grading comment
I am uncertain. The term "swap" implies an exchange; in fact, it seems the term applies to the common practice of a company shareholder passing a single one of his shares to a non-shareholder so the latter may become a director on the board. Ownership is transferred, but there is no "swap". The closest I have found so far is "stock-lending arrangement" on www.law-now.com for a similar but not identical situation, so I am currently considering "stock loan"...

Peer comments on this answer (and responses from the answerer)
agree  Vicky Papaprodromou
1 hr
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The asker has declined this answer
Comment: I am uncertain. The term "swap" implies an exchange; in fact, it seems the term applies to the common practice of a company shareholder passing a single one of his shares to a non-shareholder so the latter may become a director on the board. Ownership is transferred, but there is no "swap". The closest I have found so far is "stock-lending arrangement" on www.law-now.com for a similar but not identical situation, so I am currently considering "stock loan"...

1 day21 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
prêt de consommation d'actions consenti à un future actionnaire
loan of enjoyment of shares granted to a prospective shareholder


Explanation:
This is what I would use.
HTH
Mary

Mary Lalevee
United Kingdom
Local time: 00:31
Specializes in field
Native speaker of: English
PRO pts in category: 23
Grading comment
Two of our lawyers rejected this expression as one they had never heard used before; one of them searched through his archives with me, and we found that an American lawyer from our firm in New York used the term "securities loan" in a presentation he made to a client on the subject.
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The asker has declined this answer
Comment: Two of our lawyers rejected this expression as one they had never heard used before; one of them searched through his archives with me, and we found that an American lawyer from our firm in New York used the term "securities loan" in a presentation he made to a client on the subject.




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