marketable lots

15:40 Aug 27, 2013
English to French translations [Non-PRO]
Bus/Financial - Law (general) / Memorandum of Association
English term or phrase: marketable lots
What is marketable lots in French ?

This is legal document which describes the regulations of SHARE CAPITAL of a company.

This is the line > several certificates, each for one or more of his shares, provided that any sub-division, consolidation or splitting of certificates required in marketable lots shall be done by the Company free of any charges.

Please help

Thanks
Captain Haddock
India
Local time: 21:16


Summary of answers provided
4 +1actions commercialisables
Jean-Claude Gouin
3 -1certificat de dépôt pour des paquets d'actions de taille vendable
Daryo


  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
certificat de dépôt pour des paquets d'actions de taille vendable


Explanation:
Explanation:
marketable lots = lots of a size acceptable for the purpose of trading

If shares of the company XYZ are traded in packs of 100 shares (because just 1 share is a too small value), then the company must issue share certificates for packs of 100 shares (or any multiple of it).
A share certificate for a lot of 1389 shares would be useless for the purpose of trading (= not marketable) if trading is done in multiples of 100 shares.

That's the meaning for sure, OTOH there probably is some more elegant/usual translation.

Daryo
United Kingdom
Local time: 15:46
Native speaker of: Native in SerbianSerbian, Native in FrenchFrench
PRO pts in category: 266

Peer comments on this answer (and responses from the answerer)
disagree  Sasa Kalcik: certificat???
176 days
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1 day 18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
actions commercialisables


Explanation:
*

Jean-Claude Gouin
Canada
Local time: 11:46
Native speaker of: Native in FrenchFrench
PRO pts in category: 28

Peer comments on this answer (and responses from the answerer)
neutral  Daryo: it's the not actions that are "marketable" but lots so the "marketability" should be dependent on some characteristics of the "lots"?
2 days 11 hrs

agree  Sasa Kalcik
175 days
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