immobiliser
English translation: immobilise
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| 22:40 Mar 31, 2015 |
| French to English translations [PRO] Bus/Financial - Investment / Securities / Investment fund prospectus | |||||||
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|  Selected response from: Howard Sugar Italy Local time: 03:26 | ||||||
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| 4 +2 | immobilise |
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| 4 | to lock up/in |
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| Discussion entries: 1 | |
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Answers
1 hr confidence: 
| pour immobiliser to lock up/in Explanation: the metaphor "lock up" is explicit: the money deposited is no longer readily available, which corresponds to the concept of "immobilizer" in French |
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6 hrs confidence: peer agreement (net): +2
peer agreement (net): +2immobilise Explanation: The word is the same. It is especially used as regards Luxemburg legislation. -------------------------------------------------- Note added at 20 hrs (2015-04-01 19:20:48 GMT) -------------------------------------------------- You may also read the following paragraph "On the evening of 7 February 2013, the Executive Cabinet in Panama approved a law which, if passed by the National Assembly of Panama, will result in the immobilisation of Bearer Shares. The law looks likely to be passed by the National Assembly. In future, any new Panamanian companies which issue Bearer Shares will have to leave those shares with a Panamanian custodian. Holders of Bearer Shares in existing companies will have to deposit their certificates with a designated custodian (registered agent, bank or trust company) in Panama, and will receive a custody certificate in return. The designated custodians will be regulated in Panama, and will be required to keep a record of the details of the person who deposited the bearer shares. If a holder of Bearer Shares dies, the custodian will require that a Grant of Probate (or equivalent) is obtained in order to transfer those shares to the heirs of the deceased shareholder. In many countries the Probate process is a public process and so the fact that the deceased owned the shares becomes a matter of public record. This removes what many see as the principal benefit of holding Bearer Shares." (see http://www.ogier.com/Publications/Library/Pages/The_Immobili... Example sentence(s):
Reference: http://www.mayerbrown.com/publications/BVI-Bearer-Share-Tran... Reference: http://www.conyersdill.com/publication-files/2014_06_Offshor... |
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