Apr 10, 2015 15:47
9 yrs ago
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Italian term

conto proprietà

Italian to English Bus/Financial Investment / Securities financial transactions
titoli contabilizzati in conto proprietà

Discussion

Valerie Scaletta (asker) Apr 10, 2015:
The context is a description of financial transactions and their accounting within financial statements. I have ruled out ownership/holder's account which do not seem befitting.
heidi (X) Apr 10, 2015:
Could we have some context, please? a) What is the source document talking about ?
b) In what kind of a situation does the term appear?
c) What are your thoughts on the translations you are considering or have ruled out ?

Proposed translations

2 hrs
Italian term (edited): titoli contabilizzati in conto proprietà
Selected

proprietary securities recognised as such

Precious little context. Are they the financial statements of a banK or perhaps an asset management company a fund perhaps?
A bank or a fund may manage securities on behalf of its clients. Alternatively it may manage securities it actually owns itself, in which case these are "proprietary securities".
However often Italian banks will often talk about "titoli propri" making this point when it is unnecessary and already clearly obvious from the context (they don't manage any assets on behalf or customers) and to translate it "accurately" would only confuse a reader.
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4 KudoZ points awarded for this answer. Comment: "thanking you kindly!"
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