Nov 13, 2019 18:25
4 yrs ago
2 viewers *
French term

prendre rang antérieurement à

French to English Bus/Financial Investment / Securities
My trouble is with the "prenant rang antérieurement aux" in the example below.

This is from the Articles of Incorporation of a Canadian corporation

Outre les autres formalités requises par la Loi canadienne sur les sociétés par actions, aucune création d’actions de même rang ou prenant rang antérieurement aux actions de catégorie «F» ne sera autorisée et les dispositions relatives aux actions de catégorie «F» ou aux actions de toute autre catégorie de même rang ou prenant rang antérieurement aux actions de catégorie «F» ne pourront être modifiées à moins que cela ne soit ratifié aux deux tiers (2/3) des voix exprimées par les détenteurs d’actions de catégorie «F» à une assemblée extraordinaire convoquée à cette fin
Change log

Nov 14, 2019 23:45: Yolanda Broad changed "Term asked" from "prendre rang antérieurement a" to "prendre rang antérieurement à"

Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): Yvonne Gallagher

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Discussion

Adrian MM. Nov 16, 2019:
A "non-PRO" question? Voters are prima facie professional translators, so not 'trolls' motivated by their own agenda.
Daryo Nov 16, 2019:
A "non-PRO" question? just because to you nuances look "all the same" doesn't make it the equivalent of informal inconsequential chit-chat.

In this specific case, a wrong translation can make the difference between preserving the value of your investment instead of being subjected to legalised daylight robbery - not a "small detail" if your money is at stake ...

Proposed translations

+4
23 mins
French term (edited): prendre rang antérieurement a
Selected

or ranking higher than

n/a
Peer comment(s):

agree philgoddard
15 mins
agree Eliza Hall : Link on classes of shares and how they rank: https://www.investopedia.com/terms/c/class.asp
16 mins
agree Wolf Draeger : But "n/a" isn't an explanation, please substantiate your answer.
2 hrs
agree Daryo : OTOH "n/a" is not the most convincing argument.
8 hrs
Something went wrong...
4 KudoZ points awarded for this answer.
+1
14 hrs

take priority over

ou prenant rang antérieurement aux actions de catégorie «F» > or taking priority over *Class* F shares.

Tentatively, a more literal translation.

'Ranking higher than' suggests to me mortgages or land charges in a (UK) land registration context - which would throw up the question of whether 'antérieurement' would mean jumpting the queue (AmE) line in time as opposed to number.
Example sentence:

Such shares customarily rank ahead of other shares (particularly ordinary shares) either for dividends or priority in liquidation proceedings.

Peer comment(s):

agree Daryo : that's the idea
1 day 8 hrs
Thanks. Considering the corporate vs. land registration divide, I had been disinclined to give a n/a explanation.
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