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Savauskehrung, auskehren

English translation: distribution in kind, to distribute

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Sachauskehrung, auskehren
English translation:distribution in kind, to distribute
Entered by: Ralf Lemster
Options:
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- Include in personal glossary

05:07 Oct 18, 2001
German to English translations [PRO]
Bus/Financial
German term or phrase: Savauskehrung, auskehren
Banking contract:

Paragraph 16 Sachauskehrung

Die Gesamtheit der Anteilhaber kann unter gleichzeitiger Rueckgabe saemtlicher Anteilscheine fordern, dass ihr zur gesamten Hand die Vermoegenswerte des Sondervermoegens in natura ausgekehrt werden. Dies gilt auch, wenn das Verufuegungsrecht ueber das Sondervermoegen auf die Depotbank uebergegangen ist.

The totality of the shareholders can demand the return of various share certificates, dass ihr zur gesamten Hand the assets of the special investment fund in natura ausgekehrt werden. This is also valid if the special investmen funds rights of disposal have been transferred to the custodian bank.
Gillian Searl
United Kingdom
Local time: 23:26
distribution in kind, to distribute
Explanation:
Last month we translated a major document where "Sachauskehrung" played a major role.
Selected response from:

Ralf Lemster
Germany
Local time: 00:26
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +2distribution in kind, to distribute
Ralf Lemster


  

Answers


3 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
distribution in kind, to distribute


Explanation:
Last month we translated a major document where "Sachauskehrung" played a major role.


    Own experience
Ralf Lemster
Germany
Local time: 00:26
Native speaker of: German
PRO pts in pair: 2684

Peer comments on this answer (and responses from the answerer)
agree  Alison Schwitzgebel
2 hrs

agree  Daniela Mühling
8 hrs
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