Glossary entry

Russian term or phrase:

ценные бумаги бездокументарной формы

English translation:

non-certificated securities

Added to glossary by Elizabeth Ashworth
Mar 25, 2008 11:52
16 yrs ago
Russian term

ценные бумаги *бездокументарной* формы

Russian to English Bus/Financial Finance (general)
The dogovor I am editing has translated "бездокументарной" as "non-documentary", but this feels wrong to me.

Does anyone know if this is correct?

Proposed translations

+3
15 mins
Selected

non-certificated securities

See ref:
“non-certificated security” includes a security for which no certificate is issued and a certificated security held within a security clearing and ...
c.2) respecting the circumstances under which the beneficial owner of a non-certificated security can obtain a security certificate or under which the ...
Peer comment(s):

agree Simon Hollingsworth : This is what I use
23 mins
agree Angela Greenfield : I agree, though we use "uregistered" or "non-registered" in the US
3 hrs
agree Siriol Hugh-Jones
1 day 39 mins
neutral Clue : to Angela: unregistered - это неименные
1 day 4 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks!"
3 mins

paper-free securities

well, my bank uses the term "paper-free" documents so I think it is acceptable.
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+2
5 mins

securities in a book entry form/uncertificated securities

-
Peer comment(s):

agree Igor Blinov
16 mins
Спасибо!
agree Tatiana N. (X) : uncertificated
2 hrs
Спасибо!
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32 mins

dematerialised securities

The below link gives definition.
the following text about shares might be also helpful:
"Belgian Company Laws recognise three forms of shares, i.e., registered shares, bearer shares and dematerialised shares. The possibility to issue dematerialised shares has recently been authorised by Company Laws. It is anticipated that dematerialised shares will be issued by many large companies in the coming months or years. Transfers of dematerialised shares occur through changes in the accounts of the shareholders by crediting and debiting their respective accounts.
Bearer shares are represented by printed certificates issued by the company at hand. Bearer shares can only be issued provided that the shares have been fully paid in. Transfers of bearer shares are effected through the physical delivery of the shares by the transferor to the transferee. The certificates must be handed over to the new owner. The possession of the certificates evidences the ownership of the shares."


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Note added at 35 mins (2008-03-25 12:28:21 GMT)
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Similar issue was posted at:
http://www.proz.com/kudoz/1521306
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3 hrs

unregistered securities

http://invest-faq.com/articles/warn-unreg-secur.html
This article from The Investment FAQ discusses warning, specifically selling unregistered securities

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Note added at 3 hrs (2008-03-25 15:20:57 GMT)
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In addition to the issues of suitability and liquidity mentioned above, the offering, purchase and sale of unregistered securities have raised many issues (http://www.vincentlawoffice.com/practice_area/unregistered.h...

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Note added at 3 hrs (2008-03-25 15:22:30 GMT)
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Unregistered security. Definition : a security for which a registration statement has not been filed. (http://research.lawyers.com/glossary/unregistered-security.h...

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Note added at 3 hrs (2008-03-25 15:23:19 GMT)
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Unregistered is a US version of British "non-certified". That's what we use here.

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Note added at 3 hrs (2008-03-25 15:25:29 GMT)
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I also quite often hear "non-registered securities". They google equally often and are both grammatically correct.
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