Mar 17, 2014 15:09
10 yrs ago
English term

holdings account

English to Dutch Bus/Financial Finance (general) estate distribution
I came across the term ´holdings account´ in an estate distribution agreement, in the following sentence:

´[...] an amount of XXX krona will be withheld in the holdings account of the estate in Handelsbanken until the final tax decision for the income year 2013 has been issued [---]´.

This text may be an English translation of a Swedish source text, so it is possible that a native speaker of English would have picked other words. Or perhaps holdings account doesn´t exist? Anyway, I hope someone can help me with this.

Thanks,
Simone
Proposed translations (Dutch)
4 derdenrekening

Proposed translations

33 mins
Selected

derdenrekening

Volgens mij is het dit: een derdenrekening wordt ook vaak bij een notaris gehouden en daarop wordt dan gestort, totdat de "zaak" is opgelost.
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4 KudoZ points awarded for this answer. Comment: "Dank je wel, Caroline. Dit lijkt me een plausibele vertaling. Ik neem hem over."

Reference comments

5 hrs
Reference:

derdenrekening?

According to JurLex:

derdenrekening
trust account, clients' account

notariële derdenrekening
notarial trust account,
notarial clients' account
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