Glossary entry (derived from question below)
French term or phrase:
tant activement que passivement
English translation:
both actively and passively
French term
tant activement que passivement
A qui le constituant donne tous les pouvoirs nécessaires de gérer et administrer avec la diligence requise tant activement que passivement tous biens et affaires et notamment :
(There follows a long list of all powers, e.g. opening and closing bank accounts, receiving money, paying professional advisors etc.)
"managing and administering both actively and passively" sounds odd to me
Could it mean "managing and administering both the assets and liabilities"?
5 +5 | both actively and passively | Conor McAuley |
3 | both actively 'hands-on' and passively 'hands-off' | Adrian MM. |
Apr 24, 2021 17:00: Rob Grayson changed "Level" from "PRO" to "Non-PRO"
Apr 29, 2021 13:00: Conor McAuley Created KOG entry
Non-PRO (3): Rachel Fell, Yvonne Gallagher, Rob Grayson
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Proposed translations
both actively and passively
By choosing to do things and by choosing not to do things.
An investment is doing well -- leave the money where it is. (Passive -- no action taken.)
An investment is doing badly -- move the money. (Active -- action taken.)
By doing things and by not doing things.
"by choosing to take action and by choosing not to take action"
is the only way I can put it in the right register in a different way.
HTH.
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Note added at 41 mins (2021-04-24 12:28:22 GMT)
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You see "gérer" > manage is more active, whereas "administrer" is more passive (unless it involves running a company of course), hence perhaps the need to stress the active and passive elements of the power of attorney.
I can't see that there's much more to it.
Thanks! |
agree |
philgoddard
54 mins
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Thanks Phil!
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agree |
liz askew
: pretty straightforward:)
59 mins
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Thanks Liz!
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agree |
SafeTex
: yes, there is no reason to complicate this
5 hrs
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Thanks SafeTex!
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neutral |
Timothy Rake
: I tend to agree with AllegroTrans that it sounds awkward; personally, I think a better solution with the same essential meaning: "either actively or not"
7 hrs
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Fair enough, language perception is personal, and that's well and good
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agree |
Saeed Najmi
12 hrs
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Thanks Saeed!
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agree |
Nils Andersson
: Yup.
1 day 17 hrs
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Thanks Nils!
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both actively 'hands-on' and passively 'hands-off'
Active and passive management are albeit questionable terms of financial art and, though justifiable in other instances and Romance lingos, doesn't equate with 'as principal and vicariously as agent'.
Why Would an Investor be Hands Off? Hands-off investing is a commonly applied strategy used to *passively* manage money when time is scarce for an investor.
http://www.proz.com/kudoz/french-to-english/finance-general/3592993-être-géré-passivement.html
http://corporatefinanceinstitute.com/resources/knowledge/trading-investing/hands-off-investor/
Discussion