May 16, 2017 15:29
6 yrs ago
8 viewers *
French term
Norway
les avoirs en dépôt
French to English
Bus/Financial
Finance (general)
Phrase used in an interview
Hi,
I'm translating an online interview with the head of Entitlements and Tax for a bank from French to English and have a query. Please see below for the full context:
'Quelle est votre fonction actuelle?
Je suis actuellement Manager, Entitlements & Tax. L’équipe est chargée d’assurer le suivi et le traitement de toutes les opérations sur titres pouvant affecter les avoirs en dépôt chez [bank name], ainsi que la gestion des taxes liées à l’ensemble de notre périmètre. Pour ma part, je supervise la relation client et assure la partie projet impactant notre activité.'
I was thinking along the lines of 'assets managed by [x]'. Is that too far away from the original French? I want to make it sound as natural as possible for an interview setting, so opted to move away from 'deposited with [x]' etc.
Many thanks!
I'm translating an online interview with the head of Entitlements and Tax for a bank from French to English and have a query. Please see below for the full context:
'Quelle est votre fonction actuelle?
Je suis actuellement Manager, Entitlements & Tax. L’équipe est chargée d’assurer le suivi et le traitement de toutes les opérations sur titres pouvant affecter les avoirs en dépôt chez [bank name], ainsi que la gestion des taxes liées à l’ensemble de notre périmètre. Pour ma part, je supervise la relation client et assure la partie projet impactant notre activité.'
I was thinking along the lines of 'assets managed by [x]'. Is that too far away from the original French? I want to make it sound as natural as possible for an interview setting, so opted to move away from 'deposited with [x]' etc.
Many thanks!
Proposed translations
(English)
| 4 +6 | assets on deposit |
Rob Grayson
|
| 3 +1 | the assets held at |
Marco Solinas
|
| 3 | assets (held at)(kept with) a custodian (bank) |
Ana Vozone
|
| 4 -2 | demand deposits |
Francois Boye
|
Proposed translations
+6
8 mins
Rob Grayson
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Related KudoZ points
:
805
French term (edited):
les avoirs en dépôt (with XXX bank)
Selected
assets on deposit
No more complicated than that.
Peer comment(s):
| agree |
philgoddard
5 mins
|
| agree |
writeaway
49 mins
|
| agree |
nweatherdon
54 mins
|
| disagree |
Francois Boye
: inconsistent with: L’équipe est chargée d’assurer le suivi et le traitement de toutes les opérations sur titres pouvant affecter les avoirs en dépôt chez [bank name],
1 hr
|
|
You're reading too much into the text IMO. And in any case, even if the assets in question consisted purely of money, tell me how on earth "assets on deposit" would be incorrect?
|
|
| agree |
Nikki Scott-Despaigne
3 hrs
|
| agree |
B D Finch
3 hrs
|
| agree |
AllegroTrans
5 hrs
|
| agree |
Daryo
16 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
+1
3 mins
Marco Solinas
Native in English
Specializes in field
Accurate, professional translations
Native in: English 
, Italian
Works in: Italian to English, French to English
Related KudoZ points
:
87
the assets held at
the assets held at [name of the financia institution]
-2
12 mins
Francois Boye
United States
United States
Native in French
Specializes in field
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
305
demand deposits
Demand deposits, bank money are funds held in demand deposit accounts in commercial banks.[1] These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country.[2] Simply put, these would be funds like those held in a checking account.
Source: Wikipedia
A demand deposit consists of funds held in an account from which deposited funds can be withdrawn at any time from the depository institution, such as a checking or savings account, accessible by a teller, ATM or online banking. In contrast, a term deposit is a type of account that cannot be accessed for a predetermined period of time. M1 is a category of the money supply that includes demand deposits as well as physical money and negotiable order of withdrawal (NOW) accounts that have no maturity period but limited withdrawals or transfers.
Source: Investopedia
Source: Wikipedia
A demand deposit consists of funds held in an account from which deposited funds can be withdrawn at any time from the depository institution, such as a checking or savings account, accessible by a teller, ATM or online banking. In contrast, a term deposit is a type of account that cannot be accessed for a predetermined period of time. M1 is a category of the money supply that includes demand deposits as well as physical money and negotiable order of withdrawal (NOW) accounts that have no maturity period but limited withdrawals or transfers.
Source: Investopedia
Peer comment(s):
| disagree |
Rob Grayson
: Not in this context. Where is the evidence that this is specifically about demand deposits? // You're overtranslating. The text doesn't say the assets consist solely of on-demand funds; in fact, it suggests they consist at least partly of securities.
2 mins
|
|
Please read again the text above!//Please explain what the audit defined in the text means
|
|
| disagree |
Nikki Scott-Despaigne
: Sorry François, even if there are demand deposits among the "avoirs", it would have been specified. They would have been described as "dépôts à vue" and there's nothing. "Avoirs en dépôt" is general and cld even include grandma's wedding ring!
3 hrs
|
| neutral |
AllegroTrans
: Eight experienced native English speakers disagree with you; does this tell you anything?
5 hrs
|
|
eight translators who never discuss the source documents submitted to them!
|
48 mins
Ana Vozone
Specializes in field
Will do!
Native in: Portuguese (Variant: European/Portugal)
Works in: English to Portuguese, French to Portuguese, German to Portuguese, and 1 more.
Related KudoZ points
:
48
Discussion
1. You're assuming that the "avoirs" in question consist only of cash. I find that fairly unlikely, since if they were cash, they would probably be referred to as "fonds" rather than "avoirs".
2. Even if the assets do consist of cash "assets on deposit" would still be an appropriate term.
"Demand deposits" is not an appropriate term, because it only works if (i) the assets consist purely of cash (which we don't know), and (ii) even then only if they are deposited in a "compte à vue", which again we don't know.
@ Rob
You and Nikki mistake the '"Opérations sur titres' for the 'avoirs en depot'. As explained in the attachment below, the bank takes care of the financial assets on deposit. But all the asset transactions result in entries in a 'compte courant'. It is the value of that banking account that is an 'avoir en depot'.
In economics, the banking accounts for current operations are called demand deposit
https://www.bcge.ch/depot-titres