German: couponlose TitelEnglish translation: zero-coupon share certificates  KudoZ The KudoZ network provides a framework for translators ... More  |
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German to English translations [PRO]
Bus/Financial - Investment / Securities / Shares | | German term or phrase: couponlose Titel | | In the context of shares being designed "als couponlose Titel" |
| | Clarification request(s) and responseRichard Benham: 04:41 Oct 26, 2006: Are you sure it's shares and not some other kind of "Wertpapier"? "Coupons" are just interim interest payments: some bonds pay interest along the way (there used to be coupons attached which you had to tear off and present) and some only at the end.
Astrid Elke Johnson: 04:55 Oct 26, 2006: Shares or not? - "Die Gesellschaft kann Zertifikate ausgeben, welche mehrere Aktien verkörpern. Diese können als couponlose Titel ausgestaltet werden."
Paul Skidmore: 10:21 Oct 26, 2006: What sort of "Gesellschaft" are we dealing with here? It sounds as though it could be an investment manager offering "Zertifikate" as investment vehicles, popular here in Germany. I am wondering if "zero-dividend securities" might be appropriate?
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| | zero-coupon shares | Explanation:
There are a few Google hits for "zero-coupon shares" (by analogy with the more common "zero-coupon bond"), i.e. shares of an investment trust that are repaid at maturity at a fixed price without ongoing dividend payments.
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Note added at 23 Min. (2006-10-26 04:53:27 GMT)
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e.g. http://www.wisebuy.co.uk/invezero.htm
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Note added at 56 Min. (2006-10-26 05:26:11 GMT)
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According to your note, these "couponlose Titel" are not shares but certificates for shares. Therefore I suggest "zero-coupon certificates" or, more general, "zero-coupon securities". |
| Selected response from:
 René Laszlo
Germany
| Note from asker to answererThanks to both answerers!
4 KudoZ points were awarded for this answer |
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6 hrs confidence:   peer agreement (net): +1 |
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The translation workplace 
