Glossary entry

magyar term or phrase:

gyüjtő elven

angol translation:

on the principle of collective deposit, pl. collective securities deposit

Added to glossary by Krisztina Kotai
Jun 22, 2008 13:16
16 yrs ago
magyar term

gyüjtő elven

magyar - angol Üzlet/pénzügy Pénzügy (általános)
Az egyes letétkezelőknél az Ügyfelek eszközei gyűjtőelven kerülnek tárolásra.

Proposed translations

+2
2 óra
Selected

on the principle of collective deposit, pl. collective securities deposit

Individual and collective certificates can be surrendered... in exchange for credit entries in collective securities deposit accounts.
www.leathermag.com/news/fullstory.php/aid/13182/BASF_share_...
...collective deposit is an affordable simple and also safe way to store shares. All securities are deposited in a central depository bank... stocks.rwe.onvista.de/encyclopedia.html?ID_DEFINITION=445&LETTER_START=C&LANG=en
Certificates must be issued by the domestic or foreign entity in charge of the administration of the collective deposit system...
books.google.co.uk/books?isbn=1411653254...
Peer comment(s):

agree Zsuzsanna Koos
1 óra
agree szilard
16 óra
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4 KudoZ points awarded for this answer. Comment: "Köszönöm a választ!"
1 nap 4 óra

(will be held in) collective custody

Depositary institution (bank, trust, etc.) keeps deposited transferable securities with its own holdings of securities of the same type or with such holdings of third parties

The opposite is called Individual (jacket) custody, where securities are held in a segregated account.
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