GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:19 Mar 28, 2004 |
German to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: Naresh Advani Local time: 03:53 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | shares committed |
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4 | locked-in securities |
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3 | tied shares |
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shares committed Explanation: shares dedicated by contractual partners -------------------------------------------------- Note added at 11 mins (2004-03-28 21:31:03 GMT) -------------------------------------------------- Weyerhaeuser: 64 percent of Willamette shares committed to $55 offer Reference: http://portland.bizjournals.com/portland/stories/2002/01/07/... |
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tied shares Explanation: I think they are talking about what are also called "vinkulierte Aktien" - typically shares in a family business with restricted transferability - they can only be transferred to other people with the consent of the company directors. Reference: http://www.cesifo.de/servlet/page?_pageid=56&_dad=portal30&_... |
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locked-in securities Explanation: Shares is implied but the term generally used to describe such shares is "locked-in securities". Refer also to the web-site given below. Reference: http://www.mcatlantic.com/financial_products/gics.cfm |
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