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Feb 20, 2022 07:29
2 yrs ago
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French term
United Kingdom
Le titre de chaque associé
French to English
Law/Patents
Business/Commerce (general)
Articles of association
Hello all,
This comes from an extract from Articles of Association. I'm assuming "titre" here means securities in view of the context, but in that case why is it in the singular? Sorry if this question is too obvious!
Représentation des actions
Les actions ne peuvent jamais être représentées par des titres négociables, nominatifs ou au porteur.
Le titre de chaque associé résulte seulement des statuts, des actes ultérieurs qui pourraient modifier le capital social et des cessions qui seraient régulièrement consenties.
This comes from an extract from Articles of Association. I'm assuming "titre" here means securities in view of the context, but in that case why is it in the singular? Sorry if this question is too obvious!
Représentation des actions
Les actions ne peuvent jamais être représentées par des titres négociables, nominatifs ou au porteur.
Le titre de chaque associé résulte seulement des statuts, des actes ultérieurs qui pourraient modifier le capital social et des cessions qui seraient régulièrement consenties.
Proposed translations
(English)
| 4 +1 | the title of each shareholder |
Nick Pell
|
| 3 +1 | Each member's entitlement (equity interest) |
Adrian MM.
|
| 4 | each shareholder's security |
Francois Boye
|
Proposed translations
+1
18 mins
the title of each shareholder
titre = Cause ou fondement juridique d'un droit
title = the legal right to own something
title = the legal right to own something
Reference:
https://www.larousse.fr/dictionnaires/francais/titre/78240
https://dictionary.cambridge.org/it/dizionario/inglese/title
Peer comment(s):
| agree |
Conor McAuley
: "In property law, title is an intangible construct representing a bundle of rights in (to) a piece of property in which a party may own either a legal interest or equitable interest." (Wikipedia)
3 hrs
|
| agree |
AllegroTrans
6 hrs
|
| disagree |
Daryo
: wrong explanation HERE "le titre" is the document / proof of ownership - THAT can be "négociable, nominatif ou au porteur"
15 hrs
|
| agree |
Steve Robbie
1 day 44 mins
|
| disagree |
Francois Boye
: 'title' is not a financial concept
1 day 9 hrs
|
+1
3 hrs
Adrian MM.
Austria
Austria
Native in English
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
31
Each member's entitlement (equity interest)
> possibly used in the sense of 'une participation', but it would be useful to know what type of company this is, if with Articles of Assoc. (an SAS?) and shareholders vs. a partnership with a Partnership Deed or Articles of Partnership. Members would cover both scenarios.
'Les actions (query vs. titres d'obligations) ne peuvent *jamais* être représentées par titres négociables, nominatifs ou au porteur' : negotiable, registered or bearer securities'.(instruments).'
'Les actions (query vs. titres d'obligations) ne peuvent *jamais* être représentées par titres négociables, nominatifs ou au porteur' : negotiable, registered or bearer securities'.(instruments).'
Example sentence:
Equity interest is the ownership share of a shareholder in a business. For example, having a 15% equity interest in a company means that a shareholder owns 15% of the business.
The term stock is used to express equity ownership in a business. A stock represents a piece of ownership in a corporation. On the other hand, a *share of stock* is a unit of ownership in the business.
Note from asker:
| Hi Adrian it's an SAS. |
Peer comment(s):
| agree |
AllegroTrans
: I would prefer shareholder to member here though
3 hrs
|
|
Shareholder assumes that shares have been issued, rather than a book entry. The asker has confirmed that it is an SAS - that IMO is a loose partnership of corporates & private persons https://www.economie.gouv.fr/entreprises/societe-actions-sim...
|
|
| disagree |
Daryo
: wrong explanation HERE "le titre" is the document / proof of ownership - THAT can be "négociable, nominatif ou au porteur"
12 hrs
|
|
Not so. The members' equity int. > a *book entry* in the reg. of members. The asker has confirmed that it is an SAS - that IMO is a loose corp. assoc. of companies & private persons https://www.economie.gouv.fr/entreprises/societe-actions-sim...
|
|
| agree |
Steve Robbie
: I would be happy with member or shareholder. An SAS is at least in theory a "company by shares".
21 hrs
|
|
Thanks, Steve. I'm not entirely sure that shares have been issued - hence my original 'le titre' (book entry-only query) re an SAS of the non-military type.
|
16 hrs
Francois Boye
United States
United States
Native in French
Specializes in field
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
102
each shareholder's security
Qu’est-ce qu’un titre financier ?
En finance, un titre, ou titre financier est un droit de propriété. Il représente une reconnaissance du fait qu’une personne ou une organisation est propriétaire d’une partie du capital d’une société ou d’une partie de la dette d’une société ou d’un état.
On parle aussi de valeur mobilière pour parler d’un titre financier.
What Is a Security?
The term "security" refers to a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock; a creditor relationship with a governmental body or a corporation represented by owning that entity's bond; or rights to ownership as represented by an option.
En finance, un titre, ou titre financier est un droit de propriété. Il représente une reconnaissance du fait qu’une personne ou une organisation est propriétaire d’une partie du capital d’une société ou d’une partie de la dette d’une société ou d’un état.
On parle aussi de valeur mobilière pour parler d’un titre financier.
What Is a Security?
The term "security" refers to a fungible, negotiable financial instrument that holds some type of monetary value. It represents an ownership position in a publicly-traded corporation via stock; a creditor relationship with a governmental body or a corporation represented by owning that entity's bond; or rights to ownership as represented by an option.
Discussion
"Instruments", incidentally, is potentially a good translation for "titres" in the first sentence.
Just to make to make it easy, the same term can be used for the abstract concept of rights/ownership and the corresponding instruments - physical embodiment of these same entitlements / rights.