Namens-Teilrechte

English translation: registered fractional shares

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Namens-Teilrechte
English translation:registered fractional shares
Entered by: Natalie Wilcock (X)

09:35 Aug 21, 2003
German to English translations [PRO]
Bus/Financial - Investment / Securities
German term or phrase: Namens-Teilrechte
Es werden auf die Bestände der Frust AG Namensaktien (ISIN DE0000000000) am 29. August 2003 abends, mit Valuta 1. September 2003, im Zuteilungsverhältnis 20:1 Berichtigungsaktien in den Frust AG Namens-Teilrechte (ISIN DE000000009) eingebucht.

Registered fractional interests?

Registered shares (fractional rights)??
Natalie Wilcock (X)
Local time: 13:03
registered fractional shares
Explanation:
These fractional interests represent fractions of registered shares, which is why I would refer to them as such.
Selected response from:

Ralf Lemster
Germany
Local time: 13:03
Grading comment
thanks ralf
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1registered fractional shares
Ralf Lemster


  

Answers


7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
registered fractional shares


Explanation:
These fractional interests represent fractions of registered shares, which is why I would refer to them as such.

Ralf Lemster
Germany
Local time: 13:03
Specializes in field
Native speaker of: German
PRO pts in category: 475
Grading comment
thanks ralf

Peer comments on this answer (and responses from the answerer)
agree  Ted Wozniak
1 hr
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