Glossary entry (derived from question below)
Catalan term or phrase:
prendre valor
English translation:
from the value date
Added to glossary by
Comunican
Jun 23, 2009 13:52
14 yrs ago
Catalan term
prendre valor
Catalan to English
Bus/Financial
Finance (general)
investment fund prospectus
I've got a brain full of treacle today...
Regarding buying shares in an investment fund:
"S’entendrà realitzada la sol•licitud de subscripció en el moment en que el seu import prengui valor en el compte del fons"
Thanks!
Regarding buying shares in an investment fund:
"S’entendrà realitzada la sol•licitud de subscripció en el moment en que el seu import prengui valor en el compte del fons"
Thanks!
Proposed translations
(English)
| 4 | Pls. see below |
Andy Watkinson
|
Proposed translations
1 hr
Selected
Pls. see below
The subscription order shall be deemed valid as from the value date of the amount in the fund account".
i.e. The subscription order is only accepted as valid when the dosh is actually in the account" (value date).
This would be one way of saying it.
i.e. The subscription order is only accepted as valid when the dosh is actually in the account" (value date).
This would be one way of saying it.
Note from asker:
| Great, thanks Andy - I hadn't thought of "value date"... |
4 KudoZ points awarded for this answer.
Comment: "Thanks again, Andy"
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