Glossary entry (derived from question below)
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
the Charged Shares are duly authorised, validly issued in a dematerialised form
Proposed translations
(Romanian)
4 +4 | acţiuni grevate | Cristina Crişan |
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.
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