Glossary entry (derived from question below)
German term or phrase:
freiwillige Sperrfrist
English translation:
voluntary lock-up period
German term
freiwillige Sperrfrist
"".. Sie haben jedoch die Möglichkeit, eine freiwillige Sperrfrist zu wählen, wobei die Aktien während dieser Sperrfrist weder verkauft, ausgeliefert noch belehnt werden können"..
5 +2 | voluntary lock-up period | Alison Schwitzgebel |
3 | optional vesting period | Marie Jackson |
3 | voluntary blocking period | Michael Martin, MA |
Oct 24, 2012 15:49: Steffen Walter changed "Field (specific)" from "Business/Commerce (general)" to "Investment / Securities"
Proposed translations
voluntary lock-up period
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Note added at 27 mins (2012-10-24 15:57:58 GMT)
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Here's an example of the term being used. The example isn't hyphenated, however I would prefer to hyphenate "lock-up".
The voluntary lock up period is subject to certain exemptions including where a takeover offer, scheme
of arrangement or other form of change of control transaction involving the Company is announced
during the lock up period.
https://docs.google.com/viewer?a=v&q=cache:DG5OTTzuBXAJ:www....
agree |
philgoddard
: You're right about the hyphen.
1 hr
|
agree |
Benjamin Tyrybon
: Here's an example from the N.Y. Times (not my favorite paper, but somewhat authoritative): http://www.nytimes.com/2012/08/17/technology/facebook-shares...
7 hrs
|
optional vesting period
Vesting Period – In options, the remaining time period during which the option cannot be exercised. (BVMarketData.com)
[http://www.bvresources.com/defaulttextonly.asp?f=bvglossary#...]
http://management.about.com/cs/adminaccounting/g/vesting.htm
http://www.businessdictionary.com/definition/vesting-period.html
neutral |
philgoddard
: But they're not options, they're shares - does this term still apply?
7 mins
|
I am certainly far from 100% certain (hence my rating of 3), but the business dictionary and some others that I didn't reference mention stocks & shares as well. I'd appreciate others contributing their thoughts. Lock-up is another term I've come across.
|
voluntary blocking period
http://www.intercentar.de/fileadmin/files/PEPPER_IV/PEPPER_IV_Executive_Summary_EN_updated_2010.pdf
Discussion
"Zusatzaktien werden als frei verfügbare Aktien in Ihr Aktiendepot eingelegt. Sie haben jedoch die Möglichkeit, eine freiwillige Sperrfrist zu wählen, wobei die Aktien während dieser Sperrfrist weder verkauft, ausgeliefert noch belehnt werden können."