Glossary entry

Italian term or phrase:

titoli in gestione accentrata

English translation:

securities held in a depository

Added to glossary by Nina Michael
Oct 16, 2011 04:51
12 yrs ago
12 viewers *
Italian term

titoli in gestione accentrata

Italian to English Bus/Financial Finance (general) "Unit Garanzie Attive"
This is found in a "Key Operating Procedures" manual for a bank. This section regards operating procedures for share pledges.
Under the procedures for "controllo formale" is the bullet point:
"Titoli in gestione accentrata: indicare Valore attuale e dossier a custodia (a garanzia solo se acquisto diretto su 09)"

Is "centrally managed securities" an acceptable term? I only found 8 hits with that exact phrase. Is there a more specific term?

Proposed translations

+1
2 hrs
Selected

securities under centralised security depository administration

Peer comment(s):

agree Peter Cox : Think this has been asked before
1 day 2 mins
Me too, but I couldn't find it, So two answers will be easier for people to find and having answered it yet again, when I see it in a translation, I will be doubly certain of the answer.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks so much for the help! I found "securities held in a depository" as a very common term for this so I've used that as the final translation."
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