GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:28 Apr 23, 2002 |
Russian to English translations [Non-PRO] Bus/Financial / Securities Depositories, Registrars | ||||
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| Selected response from: Yelena. United Kingdom Local time: 07:05 | |||
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Summary of answers provided | ||||
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4 +8 | transfer agent |
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1 +1 | Transferor (legal) or Transferrer (general) |
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Transferor (legal) or Transferrer (general) Explanation: According to my 1998 Chambers Dictionary the first spelling is used for "a person who transfers" in a legal context; the second one is general. You also seem to have provided some alternatives yourself: e.g. Transfer Intermediary. Good luck! |
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transfer agent Explanation: This is what I found: Transfer Agent - Обычно обслуживающий корпорацию банк, который ведет список акционеров-владельцев именных акций, а также уничтожает старые сертификаты акций и выдает новые при смене собственника акций. Трансфертного агента не следует путать с регистратором. transfer agent - An agent employed by a corporation or mutual fund to maintain shareholder records, including purchases, sales, and account balances. (Investing Glossary) Transfer Agent and Registrar - For registered unitholders, the transfer agent and registrar keeps a record of the outstanding certificate and the name and address of the person to whom it is registered. The transfer agent also uses the unitholder records to mail quarterly cash distributions to registered unitholders on payment dates. http://www.enbridgepartners.com/investor/trans_agent.html -------------------------------------------------- Note added at 2002-04-23 12:58:52 (GMT) -------------------------------------------------- Yes, the Transfer Agent and Registrar do work together: \"The security\'s registrar (typically a bank acting as an agent) works with the security\'s transfer agent in issuing new shares and canceling and reissuing certificates for transfer to new owners. These two parties keep track of the outstanding shares to prevent overissuance of shares. \" http://www.oneinvest.com/bancone/ilOqOz.htm TRANSFER AGENT-The person or entity who performs the transfer function for an issue of registered municipal securities. This person or entity may be the issuer or an official of the issuer, or an outside organization employed by the issuer to act as its agent. In certain cases the transfer agent performs only that part of the transfer function involving the issuance or reissuance of securities certificates in the name of the new registered owner, with the function of maintaining the list of registered owners performed by a separate entity (known as the \"registrar\"). The entity performing the transfer function may also act in other capacities (e.g., as paying agent) on the issue. REGISTRAR-The person or entity responsible for maintaining records on behalf of the issuer for the purpose of noting the owners of registered bonds. (Glossary of Municipal Securities Terms) Reference: http://online.kominet.ru:8101/dict/?word=2177 |
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