Glossary entry (derived from question below)
German term or phrase:
Inhaberstückaktie
English translation:
no-par value bearer share
Added to glossary by
Christine Lam
May 6, 2006 16:04
18 yrs ago
4 viewers *
German term
Inhaberstückaktie
German to English
Bus/Financial
Investment / Securities
Das Grundkapital der Gesellschaft beträgt TEUR xxxx. Es ist eingeteilt in xxxx Inhaberstückaktien mit einem rechnerischen Anteil am Grundkapital von je EUR xx.
VDiV
VDiV
Proposed translations
(English)
| 5 +4 | no par bearer shares |
Ted Wozniak
|
| 3 | ownership shares |
Susan Zimmer
|
| 4 -2 | voting shares |
gangels (X)
|
Proposed translations
+4
2 hrs
Ted Wozniak
United States
United States
Native in English
Specializes in field
United States
Bridging the Language GAAP-
Native in: English (Variant: US) 
Works in: German to English
Related KudoZ points
:
103
Selected
no par bearer shares
compiled from two related words Inhaberaktie (bearer share, i.e. not registered in someone's name) and Stückaktie (no par share)
I'm surprised this isn't in the archives somewhere.
--------------------------------------------------
Note added at 2 hrs (2006-05-06 18:36:13 GMT)
--------------------------------------------------
From Büschgens Da kleine Börsenlesikon:
Stückaktie - Aktien, die nicht auf einen Nennbetrag lauten (followed by an extensive explanation about how these came about with the intro of the euro, how they are treated in the Satzung, and the relation with (previously issued) Nennbetragsaktien (par value shares). Can be Inhaber- or Namensaktien aber kein Wort von Stimmberechtigung.
I'm surprised this isn't in the archives somewhere.
--------------------------------------------------
Note added at 2 hrs (2006-05-06 18:36:13 GMT)
--------------------------------------------------
From Büschgens Da kleine Börsenlesikon:
Stückaktie - Aktien, die nicht auf einen Nennbetrag lauten (followed by an extensive explanation about how these came about with the intro of the euro, how they are treated in the Satzung, and the relation with (previously issued) Nennbetragsaktien (par value shares). Can be Inhaber- or Namensaktien aber kein Wort von Stimmberechtigung.
Peer comment(s):
| agree |
RobinB
: or "no-par value bearer share", which would probably be the more common term for these German shares.
16 hrs
|
| agree |
Jane Luther
: with Robin
17 hrs
|
| agree |
Kathi Stock
: with Robin
19 hrs
|
| agree |
Paul Skidmore
: with Robin
22 hrs
|
4 KudoZ points awarded for this answer.
Comment: "thank you!"
-2
33 mins
voting shares
voting shares are also called class A shares (class B shares are generally nonvoting [and issued to passive investors])
Peer comment(s):
| disagree |
Ted Wozniak
: nothing in the term indicates whether the shares are stimmberechtigt
1 hr
|
| disagree |
RobinB
: with Ted. I'm afraid you've omitted entirely the fact that 1) they're no-par value shares, and 2) they're bearer shares, and there's no mention of the fact that they're "stimmberechtigt". Finally, there are no "class A, B, etc." shares in Germany.
18 hrs
|
3 hrs
Susan Zimmer
United States
United States
Native in English
United States
Business management & linguistic quality
Native in: English
Works in: German to English, English to German, English
Related KudoZ points
:
4
ownership shares
just a thought, not sure the type of share here is actually clearly defined in the context
Discussion