Glossary entry (derived from question below)
French term or phrase:
liquidation compte titre
English translation:
liquidation of trading account
Added to glossary by
pooja_chic
This question was closed without grading. Reason: Other
May 29, 2014 11:00
9 yrs ago
5 viewers *
French term
liquidation compte titre
French to English
Other
Finance (general)
Finance/Bank statement
vir europeen sepa reçu /de de.vill ref notprovided motif liquidation compte titre
One of the entry in the bank statement
One of the entry in the bank statement
Proposed translations
(English)
4 | liquidation of securities account | rkillings |
2 | closure of trading account/closure of securities trading account | Claire Nolan |
Change log
Jun 11, 2014 22:35: pooja_chic Created KOG entry
Proposed translations
56 mins
closure of trading account/closure of securities trading account
Request for closure of Trading Account _
http://www.unicondirect.com/Pdf/AccountClosureFormat(Trading...
Closure of Securities Trading Account
http://www.ccbintl.com.hk/eng/Securities9.htm
http://www.unicondirect.com/Pdf/AccountClosureFormat(Trading...
Closure of Securities Trading Account
http://www.ccbintl.com.hk/eng/Securities9.htm
Note from asker:
Thank you |
14 hrs
liquidation of securities account
It's exactly what it says. The customer ordered all the securities in the account to be sold for cash and then withdrew the cash via funds transfer, leaving the account empty.
It is quite probable that the account was also then closed, but the text doesn't *say* that, and we don't know that. The customer could have asked to keep the account active with a zero balance for some future purpose.
So don't assume closure on the basis of this text alone.
It is quite probable that the account was also then closed, but the text doesn't *say* that, and we don't know that. The customer could have asked to keep the account active with a zero balance for some future purpose.
So don't assume closure on the basis of this text alone.
Note from asker:
Thank you |
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