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  3. Investment / Securities

metal entitlement

Swedish translation: metallandel/metalltilldelning

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:metal entitlement
Swedish translation:metallandel/metalltilldelning
Entered by: Anders Dalström

14:37 Feb 7, 2014
English to Swedish translations [PRO]
Bus/Financial - Investment / Securities
English term or phrase: metal entitlement
Example sentences:

Because the underlying assets of PPLT consist of platinum bullion, the price of the fund should correspond almost exactly with spot prices on platinum. The **metal entitlement** of each share of PPLT is 0.1 ounces of platinum, meaning that the net asset value of shares should correspond to roughly one tenth the spot price of the metal.

For more context, please see: http://etfdb.com/2010/the-ultimate-guide-to-pplt-platinum-et...
Anders Dalström
Sweden
Local time: 12:54
metallandel/metalltilldelning
Explanation:
Jag är ingen expert på området, men efter lite googlande så här på lördagsmorgonen får du några förslag :-)
Selected response from:

Mika Torndahl
Sweden
Local time: 12:54
Grading comment
Thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
3metallandel/metalltilldelning
Mika Torndahl


  

Answers


16 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
metallandel/metalltilldelning


Explanation:
Jag är ingen expert på området, men efter lite googlande så här på lördagsmorgonen får du några förslag :-)

Example sentence(s):
  • A physical ETP owns the underlying asset. For example, each share of a gold ETP is backed by a specific quantity of gold bullion, known as the metal entitlement. The gold is stored in a vault overseen by an independent custodian.

    Reference: http://citywire.co.uk/new-model-adviser/physical-versus-synt...
Mika Torndahl
Sweden
Local time: 12:54
Native speaker of: Native in SwedishSwedish
PRO pts in category: 4
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