SEP

11:49 Jan 18, 2013
French to English translations [PRO]
Bus/Financial - Investment / Securities
French term or phrase: SEP
I've found this term in the glossaries and understand it. It's referring to companies participating in an ecological Sharia approved investment scheme. My question is this. After being initially referred to in full as "Sociétés en Participation" it is afterwards referred to (many times) as SEP. So is there a term I can use in English with a similar abbreviation - or do I have to just work round it? Thanks for your help.

The intitial part in full: (Je) certifie avoir expressément pris connaissance de l’ensemble des modalités de l’opération de placement que je m’engage à réaliser, se matérialisant par la souscription de titres de sociétés en participation (en abrégé SEP) dont je vais devenir associé.
Colin Morley (X)
France
Local time: 04:53


Summary of answers provided
4 -2SUBS
Salih YILDIRIM
3 -2TK - silent partnerships
Tristan Jimenez


Discussion entries: 3





  

Answers


10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -2
TK - silent partnerships


Explanation:
"Tokumei kumiai (匿名組合?), literally "anonymous partnerships," are a Japanese bilateral contract governed by the Commercial Code of Japan, Article 535 et seq.[1] In English, they are often called TK or silent partnerships. In many respects they are similar to common law limited partnerships."
http://en.wikipedia.org/wiki/Tokumei_kumiai

Tristan Jimenez
France
Local time: 04:53
Does not meet criteria
Native speaker of: French

Peer comments on this answer (and responses from the answerer)
disagree  philgoddard: As far as I know, they don't practise Sharia in Japan.
2 hrs
  -> I agree, they don't. But the expression "silent partnership" appears in many sites related to Sharia(h). For example here: http://sharia-investment.com/

disagree  rkillings: Partners in SEPs are not *necessarily* silent or undisclosed.
1 day 19 hrs
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12 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -2
SUBS


Explanation:
Abbreviation of "Subsidaries" (SUBS)!

Salih YILDIRIM
United States
Local time: 05:53
Does not meet criteria
Native speaker of: Native in TurkishTurkish
Notes to answerer
Asker: Thanks - but I don't believe this is the term I'm looking for here.


Peer comments on this answer (and responses from the answerer)
disagree  Kim Metzger: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:...
8 mins

disagree  Cetacea: A "société en participation" is not a subsidiary.
21 hrs
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