Glossary entry

Italian term or phrase:

titoli

English translation:

(negotiable) instruments

Added to glossary by Kreonia
Apr 25, 2016 20:23
8 yrs ago
19 viewers *
Italian term

titoli

Italian to English Bus/Financial Law: Contract(s) payment from customers to agent
from an agency contract

I compiti dell’AGENTE includono l'incasso del prezzo di vendita esclusivamente tramite **titoli**, che dovranno essere intestati alla xxx e riportare la dicitura “non trasferibile”.

what is most likely meant here? The agent cannot withold any of these 'titoli', not even if xxx owes him or her, as specified in another article of the contract.
I was thinking of cheques but I suppose it could be notes of some kind (cambiali?). Is there a word to include them all?
thank you

Discussion

James (Jim) Davis Apr 27, 2016:
@Writeaway I have added a qualification to your reference to a question I answered. http://www.proz.com/kudoz/4453187#9958157

Proposed translations

+3
45 mins
Selected

(negotiable) instruments

Negotiable to distinguish from musical instruments or the instrument panel on motor vehicles.

Transferable by delivery of possession. Include notes of hand, IOUs, promissory notes, checks/cheques, bills of exchange, banker's drafts, plus bearer shares.

Usually a separate chapter in a UK or Irish commercial or business law textbook - or so I recall from my own 'grave' studies of the subject ca. 1970 + 1975.



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Note added at 47 mins (2016-04-25 21:10:15 GMT)
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https://en.wikipedia.org/wiki/Negotiable_instrument
Example sentence:

A negotiable instrument is a document guaranteeing the payment of a specific amount of ... In the Commonwealth of Nations almost all jurisdictions have codified the law relating to negotiable instruments in a Bills of Exchange Act

Peer comment(s):

agree simon tanner
9 hrs
Thanks and grazie for a thinking man's choice.
agree Ana Claudia Macoretta
13 hrs
Gracias linda, grazie and thanks!
neutral James (Jim) Davis : A problem with this. To say these are negotiable instruments (as cheques are generally considered to be) and to say it is non-transferable/non-negotiable in the same sentence would generate confusion. What about "financial instruments"?
1 day 10 hrs
Indeed. That's why I've added the brackets, but without prefixing 'otherwise negotiable'.//No - instruments-only. (Negotiable) is prefixed for ref. only to show what kind they are. Reg. securities, like stocks & shares, are one type of non-neg. instrs.
agree Peter Cox
1 day 13 hrs
Thanks and grazie!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thank you!"
+3
8 mins

securities

It is a generic term, but covers te meaning.

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Note added at 11 mins (2016-04-25 20:34:45 GMT)
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"the meaning"- sorry but my external keypad has to fight with cat fur, and doesn't always win.
Peer comment(s):

agree philgoddard
1 hr
Thank you
agree writeaway : http://www.proz.com/kudoz/italian_to_english/finance_general...
11 hrs
Thank you
agree Rachel Fell
12 hrs
Thank you
agree Peter Cox
1 day 14 hrs
Thanks Peter
disagree James (Jim) Davis : A security is a bond or a share, a warrant or an option or a future or some kind of derivative. You can't possibily use any of these as payment for a purchase in everyday business. /clearly securities are titoli, but they are not assegni o cambiali.
1 day 21 hrs
Something went wrong...
1 day 11 hrs

payment instruments

An alternative. The context then necessarily limits the field.

Payment instruments are an essential part of payment systems. Payment cards, credit transfers, direct debits and cheques are non-cash payment instruments with which end-users of payment systems transfer funds between accounts at banks or other financial institutions.
Payment instruments - European Central Bank
https://www.ecb.europa.eu/paym/pol/activ/instr/html/index.en...
Peer comment(s):

neutral Peter Cox : does not fit context
2 hrs
I'm trying to think of an alternative to "negotiable instruments" that are "non transferable/negotiable"
Something went wrong...
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