Glossary entry (derived from question below)
French term or phrase:
compte titre individuel au porteur
English translation:
individual bearer securities account
Added to glossary by
Lavinia Pirlog
Mar 20, 2012 20:19
12 yrs ago
4 viewers *
French term
compte titre individuel au porteur
French to English
Bus/Financial
Finance (general)
Vous êtes bénéficiaire du Plan Mondial d’Attribution Gratuite d’Actions décidé par le Conseil d’Administration. Sur demande expresse de votre part, vous avez la possibilité de placer vos actions sur un compte titre individuel au porteur.
Proposed translations
(English)
3 | individual securities account as/in the form of bearer securities | rkillings |
3 | individual bearer securities account | Alain Mouchel |
Proposed translations
11 hrs
Selected
individual securities account as/in the form of bearer securities
- Should be compte titreS = securities account -- the only way shares can be held in France, because they are dematerialised (no certificate).
- It is an individual account, not a collective one.
- It is the titres that are au porteur: 'bearer securities', i.e., not registered with the issuing company in the name of the holder (nominatif), but notwithstanding the absence of a physical certificate, still described as 'bearer'.
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Note added at 11 hrs (2012-03-21 07:36:33 GMT)
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The translation would not change if the issuer is not in France and the shares are certificated.
- It is an individual account, not a collective one.
- It is the titres that are au porteur: 'bearer securities', i.e., not registered with the issuing company in the name of the holder (nominatif), but notwithstanding the absence of a physical certificate, still described as 'bearer'.
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Note added at 11 hrs (2012-03-21 07:36:33 GMT)
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The translation would not change if the issuer is not in France and the shares are certificated.
3 KudoZ points awarded for this answer.
23 hrs
individual bearer securities account
individual bearer securities + bearer securities account
Reference:
Note from asker:
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