Glossary entry (derived from question below)
German term or phrase:
Genussrechte
English translation:
profit participation rights
Added to glossary by
Carl Sennett
Oct 19, 2004 19:07
19 yrs ago
4 viewers *
German term
Genussrechte
German to English
Bus/Financial
Investment / Securities
Securitisation
Die Genussrechte können aufgrund ihrer Ausgestaltung als Sonderposten „Genussrechte“ zwischen den Posten „Eigenkapital“ und „Fremdkapital“ ausgewiesen werden. Die Genussrechte qualifizieren sich innerhalb der Ratingsysteme der beteiligten Kreditinstitute als
Eigenkapital.
From further mentions in the document (a product overview for a securitisation), these "Genussrechte" appear to have similarities to redeemable preference shares. There are plenty of references to "Genussrechte" on the Internet, but does anyone know if there is a correct English translation of the term?
Eigenkapital.
From further mentions in the document (a product overview for a securitisation), these "Genussrechte" appear to have similarities to redeemable preference shares. There are plenty of references to "Genussrechte" on the Internet, but does anyone know if there is a correct English translation of the term?
Proposed translations
(English)
2 +2 | participation rights | Jonathan MacKerron |
3 +1 | profit-sharing rights | Kim Metzger |
Proposed translations
+2
5 mins
Selected
participation rights
according to Dietl/Lorenz
Peer comment(s):
agree |
Derek Gill Franßen
: Yes, as in "profit participation rights" (also Dietl). :-)
50 mins
|
agree |
Ralf Lemster
: Definitely "profit-participation rights"
1 hr
|
3 KudoZ points awarded for this answer.
+1
2 mins
profit-sharing rights
One possibility according to Hamblock/Wessels, but I can't be sure.
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Note added at 9 mins (2004-10-19 19:17:12 GMT)
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Or dividend right - but I\'m not a financial expert.
Equity and Liabilities
Share capital
Capital reserves
Retained earnings and consolidated profit
Special dividend right (Genussrecht ) pursuant to § 174 AktG
http://www.immofinanz.at/download/konzernabschluss_engl.pdf
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Note added at 9 mins (2004-10-19 19:17:12 GMT)
--------------------------------------------------
Or dividend right - but I\'m not a financial expert.
Equity and Liabilities
Share capital
Capital reserves
Retained earnings and consolidated profit
Special dividend right (Genussrecht ) pursuant to § 174 AktG
http://www.immofinanz.at/download/konzernabschluss_engl.pdf
Discussion