French term
détention (collective) fiduciaire
"Le Client confirme avoir connaissance des risques, coûts et inconvénients liés à la détention collective fiduciaire par la Banque ou un tiers des valeurs en dépôt et accepte de supporter, proportionnellement à sa part des valeurs en dépôt gardées/ "
4 +4 | collective fiduciary holding | philgoddard |
3 | (collective) trust account escrow | Adrian MM. |
3 | trust deed of collective possession | Lisa Rosengard |
Proposed translations
collective fiduciary holding
http://www.investopedia.com/terms/f/fiduciary.asp
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Note added at 40 mins (2020-06-28 22:45:05 GMT)
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And collective means the bank holds assets belonging to lots of people.
(collective) trust account escrow
The depositing of valuables would again, in British banking terms, be covered by a Memorandum of (Collective) Deposit.
Compare and contrast a bailment and a joint trusteeship.
Professional and efficient management With our Escrow/Trust/Collective Trust Account, third-party funds can be optimally separated from your own finances.
In the domestic market, the depositing shall occur as collective deposit, of which the Client shall be a proportional co-proprietor of the collective security funds of the same type-
http://www.escrow.com/what-is-escrow
http://www.linguee.fr/francais-anglais/traduction/dépôt+fiduciaire.html
neutral |
philgoddard
: What's wrong with literal translation?
13 hrs
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Nothing and a perfectly good school of thought. In fact my ex-law firm's overseas offices used to advise: 'if ambiguous French or Spanish etc, translate literally into ENG or *an approximation thereto*'.
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trust deed of collective possession
Le client confirme avoir connaissance des risques, coúts et inconvénients liés à la détention collective fiduciaire par la banque ou un tiers des valeurs en dépôt et accepte de supporter proportionnellement à sa part des valeurs en dépôt gardée
The client confirms awareness of the risks, costs and inconveniences attached to the collective trust deed (fiduciary) by the bank or a third of the deposit values and he accepts a proportional burden on behalf of the values kept in safe deposit.
neutral |
AllegroTrans
: Can you provide a credible reference showing your suggested term in actual use?
"Values can be guarded" - what does that mean? Plucking single words out of the dictionary doesn't work
1 day 11 hrs
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