Glossary entry (derived from question below)
French term or phrase:
détenant leur participation
English translation:
with holdings/interests in
French term
France
détenant leur participation
Nous accompagnons des entrepreneurs détenant leur participation dans leur outil de travail (PME/ETI), dans la mise en place de leur organisation patrimoniale globale (acquisition, détention, cession totale ou partielle, transmission).
Am struggling to understand the phrase "détenant leur participation dans leur outil de travail" - any suggestions?
| 3 +2 | with holdings/interests in |
Kevin Oheix
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| 3 | with a financial stake (in) |
nweatherdon
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Jul 23, 2018 08:41: Kevin Oheix Created KOG entry
Non-PRO (1): mchd
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Proposed translations
with holdings/interests in
Context is asset management.
Participation = Prendre part à un bénéfice, actions ou parts
ETI =Entreprise de taille intermédiaire
| agree |
writeaway
: I don't go near this field at all and even I knew this
11 mins
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| agree |
Francois Boye
2 hrs
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Canada
Economics, finance and biosciences
Native in: English
Works in: French to English, English to French, Spanish to English, and 2 more.
with a financial stake (in)
There is a distinction between a) an ownership stake in an asset, which one can buy, sell or trade as one pleases (e.g., including as a voting shareholder in an asset), and b) a specific right to a share of profits flowing from an asset.
The right to a share of profits does not always imply a right to buy, sell or trade the asset. In the context, the information seems insufficient to assume that a) necessarily also applies.
If preferring the previous answer, "interest in" might then be better.
Discussion
For example, are they participating in a program that provides zero-cost access to some tools useful for their production activity during a startup or expansion phase? Or are do they jointly own some asset with an agreement about the cost of accessing the tools, or even an explicit profit sharing related to any activities which use the asset?
means that they are not simply paid managers, bur are also (co-)owners of their "tools of the trade" i.e. of the capital invested in the business they are running.