pour le propre compte...

English translation: on the company's own behalf

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:pour le propre compte...
English translation:on the company's own behalf
Entered by: Daniel Weston

06:38 Dec 24, 2010
French to English translations [PRO]
Bus/Financial - Finance (general) / Corporate Statutes
French term or phrase: pour le propre compte...
Within the section of "Methods of Acquistion" about shares being passed by succession, is the following:

"L'assemblée des associés ne peut lui refuser la reconnaissance que si la société lui propose de lui reprendre ses parts sociales à leur valeur réelle au moment de la requête. L'offre peut-être faite pour le propre compte de la société, pour le compte d'autres associés ou pour celui de tiers..."

Seems to me here, this doesn't have the literal sense of "account" or even "reckoning". Could this have a figurative sense of "for the well being" of the corporation??
Timothy Rake
United States
Local time: 11:23
on the company's own behalf
Explanation:
You could word it a little differently, but its for the benefit of the company itself

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Note added at 53 mins (2010-12-24 07:32:25 GMT)
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...of course I meant "it's" and not "its"
Selected response from:

Daniel Weston
United States
Local time: 11:23
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +6on the company's own behalf
Daniel Weston


  

Answers


46 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
on the company's own behalf


Explanation:
You could word it a little differently, but its for the benefit of the company itself

--------------------------------------------------
Note added at 53 mins (2010-12-24 07:32:25 GMT)
--------------------------------------------------

...of course I meant "it's" and not "its"

Daniel Weston
United States
Local time: 11:23
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28

Peer comments on this answer (and responses from the answerer)
agree  Louis Cyril P
51 mins

agree  iqcservices: Jan
1 hr

agree  Stephanie Ezrol
5 hrs

agree  philgoddard: Or own account.
6 hrs

agree  AllegroTrans
9 hrs

agree  rkillings
12 hrs
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