Glossary entry

German term or phrase:

Wertschriftenverk.

English translation:

Wertschriftenverkehr

Added to glossary by reachicago
Mar 5, 2015 17:36
9 yrs ago
German term

Wertschriftenverk.

German to English Bus/Financial Investment / Securities SWISS (Zurich) bank statement -- Abbreviation
I have a German-language Swiss banking account statement, with items such as Lastschrift, Jahresgebuhr, Belastung, etc.

ONE item is:

"Wertschriftenverk"

This is obviously an abbreviation, for "Wertschriftenverk.".

I know that Wertschrift is "securities", but can anyone say what the "Verk." stands for?

Thank you!

REA / Chicago, IL, USA
Proposed translations (English)
4 +3 Wertschriftenverkehr
Change log

Mar 7, 2015 10:19: Steffen Walter changed "Field (specific)" from "Finance (general)" to "Investment / Securities"

Discussion

EK Yokohama Mar 6, 2015:
"Wertschriftenverkauf" - "sale of securities" or to be more correct:
"proceed from sale of securities/financial assets"

"361 837 Wertschriftenverkäufe"
"361 837 Proceed from sale of financial assets"
btt.com (via linguee.de)

The question is whether this includes the purchase of securities. If so, "Wertschriftenverkehr" - "securities trading" would be correct, as suggested by philgoddard.

But my assumption is that in this position, only sales of financial assets are entered.
In this account statement in question, are there only positive items/entries (sales) or negative ones (purchases), too, marked with "Wertschriftenverk."?
Or is there possibly another item "Wertschriftenkauf"?

Proposed translations

+3
9 mins
Selected

Wertschriftenverkehr

Securities trading.
Note from asker:
4
Peer comment(s):

agree Ted Wozniak : jawohl!
16 mins
agree franglish
49 mins
agree Sangeeta Joshi
8 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Yes, that works. "
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