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Glossary entry

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
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
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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.
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