Glossary entry (derived from question below)
English term or phrase:
Standalone stock / tracking stock
French translation:
action indépendante/action reflet
- The asker opted for community grading. The question was closed on 2017-04-07 17:54:07 based on peer agreement (or, if there were too few peer comments, asker preference.)
Apr 4, 2017 15:45
7 yrs ago
2 viewers *
English term
United States
Not Just Words: Results.
Native in: French (Variants: Standard-France, Belgian) 
Works in: English to French, French, Dutch to French
Standalone stock / tracking stock
English to French
Bus/Financial
Finance (general)
Press release
Our parent company XYZ announced its plan to make ABCD a standalone stock. We will become an asset-backed stock, as opposed to our current structure where we are one of two “tracking stocks.”
So, I guess my questions are:
What exactly is a 'standalone stock'?
What is the term in French?
And if stock means 'actions', how do I handle the sentence where ABCD is a standalone stock?
Thank you for your help.
So, I guess my questions are:
What exactly is a 'standalone stock'?
What is the term in French?
And if stock means 'actions', how do I handle the sentence where ABCD is a standalone stock?
Thank you for your help.
Proposed translations
(French)
| 4 +1 | action indépendante/action reflet |
Francois Boye
|
| 4 | action (d'une société cotée) à part entière / action-reflet |
Victor Santos
|
Proposed translations
+1
32 mins
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
:
964
Selected
action indépendante/action reflet
https://fr.wikipedia.org/wiki/Placement_d'actions_d'une_fili...
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Note added at 33 mins (2017-04-04 16:18:55 GMT)
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https://www.mataf.net/fr/edu/glossaire/action-reflet
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Note added at 33 mins (2017-04-04 16:18:55 GMT)
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https://www.mataf.net/fr/edu/glossaire/action-reflet
Note from asker:
| Merci! Cependant je ne trouve pas 'action indépendante' dans mes recherches.. Et pour le phrasé: peut-on dire "Nous sommes une société (ou un groupe) à actions indépendantes (ou à actions reflet)"? |
4 KudoZ points awarded for this answer.
Comment: "These were the terms I was looking for. However I think it would be fair to give Victor Santos some points too since he provided some explanations and sources. I don't know how to give points to 2 answerers...
"
58 mins
Victor Santos
France
France
Native in French
Specializes in field
France
Don't play with words
Native in: French 
, Portuguese
Works in: English to French, Portuguese to French, Spanish to French, and 3 more.
Related KudoZ points
:
885
action (d'une société cotée) à part entière / action-reflet
See OECD glossary (page 471, left hand top):
alphabet stock syn. target stock, targetted stock, tracking stock action ciblée ; action-reflet [FIN]
http://urlz.fr/54w9
"action traçante" is another widespread translation:
https://www.lesechos.fr/finance-marches/vernimmen/definition...
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standalone = autonomous, which echoes to "We will become an asset-backed stock" (CAUTION: "asset-backed" has nothing to do with securitization here. In this case, it means that the stock owners have a claim on the company assets).
See the definition of "tracking stock" according to Investopedia:
"A tracking stock is a common stock issued by a parent company that tracks the performance of a particular division without having claim on the assets of the division or the parent company. "
http://www.investopedia.com/terms/t/trackingstocks.asp
alphabet stock syn. target stock, targetted stock, tracking stock action ciblée ; action-reflet [FIN]
http://urlz.fr/54w9
"action traçante" is another widespread translation:
https://www.lesechos.fr/finance-marches/vernimmen/definition...
-------------------
standalone = autonomous, which echoes to "We will become an asset-backed stock" (CAUTION: "asset-backed" has nothing to do with securitization here. In this case, it means that the stock owners have a claim on the company assets).
See the definition of "tracking stock" according to Investopedia:
"A tracking stock is a common stock issued by a parent company that tracks the performance of a particular division without having claim on the assets of the division or the parent company. "
http://www.investopedia.com/terms/t/trackingstocks.asp
Note from asker:
| Thank you, this helps. |
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