Glossary entry

English term or phrase:

charged shares

Romanian translation:

acţiuni grevate

Added to glossary by Florin Hulubei
Mar 25, 2011 07:21
13 yrs ago
6 viewers *
English term

charged shares

English to Romanian Bus/Financial Law: Contract(s) contract de garantie reala mobiliara
the Pledgor is the sole and absolute owner of the Charged Shares, as contemplated herein;

the Charged Shares are duly authorised, validly issued in a dematerialised form
Proposed translations (Romanian)
4 +4 acţiuni grevate

Proposed translations

+4
22 mins
Selected

acţiuni grevate


Garantia reală asupra actiunilor
Art.1825 � (1) Garantia reală asupra actiunilor, părtilor sociale sau a altor titluri ale unei persoane juridice subzistă asupra actiunilor sau a celorlalte valori mobiliare primite ori emise în momentul cumpărării, răscumpărării, conversiei, anulării sau a oricărei transformări a actiunilor grevate, dacă înscrierea este reînnoită asupra valorilor mobiliare primite.


Charge

A form of security, giving a creditor such as a bank, finance company or individual lender the right to receive payment from a specific fund or from the proceeds of the sale of a specific item or property or asset of a business, should a borrower default. If your bank has a charge over, say, your car, it may have the power to sell that car and recover its debt from the proceeds if you default on a repayment of a debt to the bank or on performance of any other obligation.
Peer comment(s):

agree Julia Prazsmary
5 hrs
Mulţumesc.
agree RODICA CIOBANU
6 hrs
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agree George C.
10 hrs
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agree Svetlana Virjnevschi
3 days 2 hrs
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4 KudoZ points awarded for this answer. Comment: "multumesc!"
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