Glossary entry (derived from question below)
German term or phrase:
B-Depot
English translation:
securities escrow account
Added to glossary by
Ted Wozniak
Dec 7, 2020 13:03
3 yrs ago
30 viewers *
German term
United Kingdom
Flawless translations of corporate texts
Native in: English (Variant: UK) 
Works in: German to English, English
B-Depot
German to English
Bus/Financial
Investment / Securities
This is taken from the same text as my previous question about "Bestandsverkäufer", and like there, I know what the term means (e.g. "Ein B-Depot besteht aus Wertpapieren, die einem Anleger gehören. Die Bank verwaltet diese [...].", https://www.godmode-trader.de/know-how/depot,3864148) - but I'm drawing a blank with what we'd actually call it in English!
e.g. "Dies zeigt sich insbesondere dann, wenn aus irgendwelchen Gründen der im A- und B-Depot des Kreditinstituts bei CBF insgesamt verbuchte Bestand geringer sein sollte, als die Summe der in den Depots der Kunden bei dem Kreditinstitut verbuchten Bestände."
e.g. "Dies zeigt sich insbesondere dann, wenn aus irgendwelchen Gründen der im A- und B-Depot des Kreditinstituts bei CBF insgesamt verbuchte Bestand geringer sein sollte, als die Summe der in den Depots der Kunden bei dem Kreditinstitut verbuchten Bestände."
Proposed translations
(English)
| 3 +2 | securities escrow account |
Ted Wozniak
|
| 3 | Custody account |
Daniel Arnold (X)
|
| 3 | < Client Investors' > B-Class securities trust account |
Adrian MM.
|
Change log
Dec 22, 2020 13:36: Ted Wozniak Created KOG entry
Proposed translations
+2
40 mins
Ted Wozniak
United States
United States
Native in English
Specializes in field
United States
Bridging the Language GAAP-
Native in: English (Variant: US)
Works in: German to English
Related KudoZ points
:
103
Selected
securities escrow account
Aka Fremd- oder Anderdepot.
The Banklexikon referenced below gives "third-party securities account"
The Banklexikon referenced below gives "third-party securities account"
4 KudoZ points awarded for this answer.
Comment: "Thank you - I ended up going for your second option of "third-party securities account" (which Daniel also suggested, but I think you got there first!)"
3 hrs
Daniel Arnold (X)
Australia
Native in German
&
English
Specializes in field
Related KudoZ points
:
5
Custody account
Custodial account is also used, but I found that has two meanings. I don't think there is an established strict term. This is what UBS calls them. But you might also call them third-party securities account and there are many other options.
4 hrs
Adrian MM.
Austria
Austria
Native in English
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
< Client Investors' > B-Class securities trust account
The mian reason I have not used 'custodial a/c' is because Daniel A. got there - or near there - first.
That apart, it's an idea to be wary of escrow account for UK consumption. It's liable to be open to ambiguity with the US meaning of a stakeholder money a/c as opposed to an account of deed-escrow, namely deeds of conveyance held subject to a condition or conditions - the latter being the only meaning in the City of London in 'my day'.
Again, B Class is not supposed to reflect the US-Am corporate-law or GB company-law definitions of such stocks.
That apart, it's an idea to be wary of escrow account for UK consumption. It's liable to be open to ambiguity with the US meaning of a stakeholder money a/c as opposed to an account of deed-escrow, namely deeds of conveyance held subject to a condition or conditions - the latter being the only meaning in the City of London in 'my day'.
Again, B Class is not supposed to reflect the US-Am corporate-law or GB company-law definitions of such stocks.
Example sentence:
Class B shares are a share class of common stock of a corporation
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