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Andienungsrecht

English translation: option to sell


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Andienungsrecht
English translation:option to sell
Entered by: Marketing-Lang.
Options:
- Contribute to this entry
- Include in personal glossary

12:23 Oct 7, 2004
German to English translations [PRO]
Bus/Financial - Finance (general) / Fund prospectus
German term or phrase: Andienungsrecht
Not sure whether this is a call option or put option...
Andienungsrecht
Sollte das Gebäude – entgegen den Erwartungen –
nach Ablauf von 12 Jahren noch im Eigentum der
Objektgesellschaft stehen, verfügt die Beteiligungsgesellschaft
über eine Option, ihren 90%igen Anteil an der
Zwischengesellschaft an den Mitinvestor
anzudienen. Der Mitinvestor hat in diesem Fall entweder
den Andienungspreis i.H.v. US-$ 200~ Mio.
innerhalb eines Zeitraums von 23 Monaten an die
Beteiligungsgesellschaft gegen Erwerb des 90%igen
Anteils der Beteiligungsgesellschaft zu zahlen oder
einen Verkauf des Gebäudes innerhalb dieses Zeitraums
durchzuführen,
Marketing-Lang.
Germany
Local time: 00:51
option to sell
Explanation:
You could also refer to it as a 'put option', but in this context I would call it an 'option to sell'.
Selected response from:

Ralf Lemster
Germany
Local time: 00:51
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5pre-emptive tender righttransatgees
4 +1option to sell
Ralf Lemster


  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
option to sell


Explanation:
You could also refer to it as a 'put option', but in this context I would call it an 'option to sell'.

Ralf Lemster
Germany
Local time: 00:51
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 707

Peer comments on this answer (and responses from the answerer)
agree  Steffen Walter
1 hr
Login to enter a peer comment (or grade)

6 mins   confidence: Answerer confidence 5/5
pre-emptive tender right


Explanation:
Zahn - Bank und Boesenwesen

This dictionary gives other (related) translations more suited to securities dealing, but this one fits your context, I think.

transatgees
Local time: 23:51
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 35
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