Glossary entry

German term or phrase:

Bestellungsrechte

English translation:

rights of appointment

Added to glossary by Jessica Klingberg
Aug 4, 2004 01:00
19 yrs ago
1 viewer *
German term

Bestellungsrechte

German to English Bus/Financial Finance (general)
Er weist darauf hin, dass die betreffenden Direktoren dann Nominee Directors seien und der Regierung jedenfalls nicht ohne Zustimmung der anderen Shareholders direkte Bestellungsrechte uebertragen werden koennen.
Proposed translations (English)
4 +5 rights of appointment

Proposed translations

+5
8 mins
Selected

rights of appointment

These are appointed.

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Note added at 10 mins (2004-08-04 01:11:16 GMT)
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Directors are appoint by a vote of the shareholders, i.e., the shareholders hold the rights of appointment or the right to appoint. These rights canno be assigned without the agreement of the other shareholders.
Peer comment(s):

agree Ingrid Blank
3 hrs
Thanks, Ingird.
agree Siegfried Armbruster
4 hrs
Thank you
agree Laura Genescu (Briciu)
6 hrs
Thanks, Laura.
agree Terry Moran : The only solution.
7 hrs
Thanks, Terry
agree gangels (X) : power of appointment?
11 hrs
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4 KudoZ points awarded for this answer. Comment: "Excellent! Thank you Dr. Thomson for your help."
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