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gebrochener Nennwert (einer Aktie)

English translation: Fractional par (or face) value

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:gebrochener Nennwert (einer Aktie)
English translation:Fractional par (or face) value
Entered by: Nicole Schnell
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04:48 Feb 26, 2006
German to English translations [PRO]
Bus/Financial - Finance (general) / shares
German term or phrase: gebrochener Nennwert (einer Aktie)
Ein Text über Umstellung auf Stückaktien während der Einführung des Euro:

"gebrochene Nennwerte sind nach deutschem Aktienrecht nicht zulässig"

Wie heißt *gebrochener Nennwert* korrekt auf Englisch?

Ganz vielen Dank im Voraus!
Nicole Schnell
United States
Local time: 05:59
Fractional par (or face) value
Explanation:
I think the idea is that you can't have a fractional amount (because of the conversion to euros).
Selected response from:

xxxMichaelRS
Local time: 14:59
Grading comment
Thank you!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1Fractional par (or face) valuexxxMichaelRS


  

Answers


44 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Fractional par (or face) value


Explanation:
I think the idea is that you can't have a fractional amount (because of the conversion to euros).

xxxMichaelRS
Local time: 14:59
Native speaker of: Native in EnglishEnglish
PRO pts in category: 11
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Alison Schwitzgebel: I think so too
6 hrs
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