Glossary entry

Spanish term or phrase:

valores sorteables

English translation:

securities <assigned/allocated> by drawing

Added to glossary by Michael Powers (PhD)
Dec 29, 2008 19:26
15 yrs ago
Spanish term

valores sorteables

Spanish to English Bus/Financial Finance (general)
Los valores sorteables podrán custodiarse ordenados por especies; el banco repartirá entre los depositarios los valores sorteables, utilizando para el sub-sorteo un método que ganrantice a a todos los depositantes las mismas posibilidades a ser considerados como en el primer sorteo.
Change log

Dec 29, 2008 19:40: Paul Merriam changed "Language pair" from "English to Spanish" to "Spanish to English"

Proposed translations

+2
28 mins
Selected

securities <assigned/allocated> by drawing

En español, sorteo se refiere a una rifa ("raffle") o juego de azar. No está asociado a "sort" en inglés, que se refiere a ordenamiento o clasificación.
Peer comment(s):

agree Luz Bordenkircher
2 mins
gracias!
agree InterpreterALE
20 mins
gracias
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you Biling and Paul - Mike :)"
+1
13 mins

securities subject to allocation by lot

Apparently this particular set of securities has more demand than can be accomodated. Hence there is an allocation by lot (sorteo) to distribute them. I suspect the sub-sorteo is a mechanism to allocate the securities for which the "winner" of the first allocation chose not to accept.
Peer comment(s):

agree María Eugenia Wachtendorff : by lots :)
8 hrs
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