Glossary entry

French term or phrase:

Dépositaire

English translation:

depositary share

Added to glossary by Albert Golub
Mar 9, 2001 06:39
23 yrs ago
4 viewers *
French term

D�positaire

Non-PRO French to English Bus/Financial

Proposed translations

23 mins
Selected

depositary share

grandictionnaire
ex: American Depositary Share (dans un american securities portfolio)
non depositaire devrait etre non-depositary share
je ferais un tour pour verifier
hope it helps
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3 KudoZ points awarded for this answer.
1 hr

depositary, share held by proxy/custodian/trustee

Dépositaire by itself generally means depositary (in a financial context), but I believe 'actions dépositaires' are shares held by proxy, custodian or trustee, in which case 'actions non-dépositaires' would be shares not held by proxy, custodian or trustee. These are very general definitions - I hope they help.

lba
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4 hrs

depositary

I have a feeling (from experience in the banking sector) that this refers to the new practise of banks keeping shares of their establishments on behalf of the shareholder and by registration in the books. Non-depositary would imply the holding of the shares by the titleholder.
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23 hrs

depository

dépositaire = depository
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