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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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| 07:36 Jun 5, 2007 |
| French to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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|  Selected response from: cristina estanislau Local time: 17:05 | ||||||
Grading comment
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| Summary of answers provided | ||||
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| 3 +1 | rights |
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| 3 | funds |
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| 3 | rights to profit-sharing payments |
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| Discussion entries: 1 | |
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peer agreement (net): +1rights Explanation: Rights A security giving stockholders entitlement to purchase new shares issued by the corporation at a predetermined price (normally less than the current market price) in proportion to the number of shares already owned. Rights are issued only for a short period of time, after which they expire. Notes: Reference: http://financial-dictionary.thefreedictionary.com/Rights |
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Grading comment
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rights to profit-sharing payments Explanation: in general, must be adapted to different cases and contexts |
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funds Explanation: I hate to disagree with other answerers but..... This is what it really means here - we're talking about the money that belongs to the employees as part of profit sharing schemes. It has nothing to do with rights issues. Only in the sense of a right to a share of the money does it mean right. This link in French gives a good account of profit sharing schemes. http://www.pratique.fr/vieprat/emploi/salaire/daf3205.htm This link in English describing such schemes internationally uses the word fund/funds http://www.oecd.org/dataoecd/3/37/2409883.pdf |
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