GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:33 Oct 16, 2008 |
Italian to English translations [PRO] Bus/Financial - Business/Commerce (general) / company articles of association | |||||||
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| Selected response from: James (Jim) Davis Seychelles Local time: 02:13 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 | reserved for subscription |
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3 | which can be booked by undersigning |
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3 | acquired by undersigning |
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which can be booked by undersigning Explanation: - |
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acquired by undersigning Explanation: acquisition of shares |
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reserved for subscription Explanation: You subscribe shares, whcih is to say that you sign to say that you will pay for them (sometimes you pay at the same time as you subscribe sometimes you "pay up" later). http://www.google.com/search?hl=it&q="share subscription"&bt... These are "reserved" in the sense that the managing director can decide who is allowed to subscribe the new shares. Quite probably, but not at all necessarily, employees of the company in a stock option scheme. The sentence doesn't seem to be finished. |
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