Nudi Proprietari
English translation: Beneficial Owners
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| 11:19 Apr 10, 2008 |
| Italian to English translations [PRO] Bus/Financial - Investment / Securities / company codes | |||||||
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|  Selected response from: Adrian MM. (X) Local time: 08:10 | ||||||
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| Discussion entries: 3 | |
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Answers
19 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1bare ownership Explanation: check IATE Reference: http://it.wikipedia.org/wiki/Nuda_propriet%C3%A0 |
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32 mins confidence: 
holder of a residual life estate Explanation: see link,xx Reference: http://www.italianlaw.net/resources/glossary/italian_propert... |
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16 mins confidence:
Naked owners Explanation: This is a civil law concept: check this llink out. It has to do with usufruct. http://www.meocpa.com/usufruct.html. -------------------------------------------------- Note added at 5 ore (2008-04-10 17:05:56 GMT) -------------------------------------------------- The link I provided does not seem to work. Anyway it relates to usufruct in Louisiana (U.S.) and this is what it has to sau about shares: Since the usufruct is a legal right granted by one person to another, that right can be according to almost any terms the parties agree to. For instance, it could be for a stated term, covering only certain stated properties, it could be set to terminate if certain conditions are met, such as marriage of a child or remarriage of a spouse, it can be granted to several people to share jointly, and it can be given to one person for a period of time and to another after some stated event occurs. As it relates to corporate stock, the usufructuary has the right to collect and spend the cash dividends and to vote the shares of stock. Since stock dividends are only an adjustment to the total number of shares, stock dividends belong to the naked owner. |
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10 hrs confidence:
holder of property rights Explanation: as opposed to the usufructuary. For references: http://www.google.com/search?hl=en&q="holder of property rig... The problem here is the different concept of property in the two legal systems, so unfortunately no translation will be entirely satisfactory. You could prefix the term with 'mere', perhaps, to try and make it clear that usufruct is not included (which is the whole sense of nuda proprietà) |
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1 day 11 hrs confidence:
Beneficial Owners Explanation: This is really a General Law question. The shares could be held by trustees in usufruct - i.e. on trust - as nominees who may be the beneficiaries entitled to receive the dividend on behalf of the ben. owners who are the ultimate, de facto owners to whom the shares revert at the end of the nomineeship or trusteeship. Bare owners or ownership are general terms used in equity & trust, not necessarily of co. shares. In probate and succession: remaindermen - see Garzanti. In leasehold land, reversioners or reversionary owners. Example sentence(s):
en.mimi.hu/stockmarket/beneficial_owner.html - Reference: http://www.investorwords.com/459/beneficial_owner.html |
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Grading comment
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1 hr confidence: peer agreement (net): +1
peer agreement (net): +1legal title only Explanation: You can prefix it with "bare" but it is not necessary. -------------------------------------------------- Note added at 2 days14 hrs (2008-04-13 01:42:48 GMT) Post-grading -------------------------------------------------- Hi Tom and Peter, when I answered this, I failed to read the context, which I feel is a contradiction of terms. Either you have the "nudo proprietà" or the "usufruct". You can't have both. I feel that the Italian author has got his wires crossed here. In the case of a house, usufruct is living in it and "legal title" only is name on the deed. In the case of shares, for a long time I translated "nudo proprietà" as "legal title only", where a bank held shares as a sort of collateral in a very complex deal. It had beneficial ownership and collected the dividends, but did not have the "usufruct" which in this case consisted of the voting rights and control of the company. PDF] January 31, 2002 Re: Transfer of Legal Title in Timeshare ...Formato file: PDF/Adobe Acrobat - Versione HTML the transfer of bare legal title only and, as such, would not result in a change in ownership of the. beneficial interest in the timeshare interval. ... www.boe.ca.gov/proptaxes/pdf/220_0711.pdf - Pagine simili Reference: http://www.proz.com/kudoz/2527216?bs=1#marker_submit |
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2 days 19 hrs confidence:
You are not clear at all Explanation: Sorry |
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