GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:38 Mar 16, 2011 |
Polish to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: Krzysztof Kajetanowicz (X) Poland Local time: 14:13 | ||||||
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Summary of answers provided | ||||
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4 +1 | request to redeem [closed-end fund] shares |
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request to redeem [closed-end fund] shares Explanation: KDPW posługuje się terminem "investment certificates", ale dla Anglosasów jednostki czy certyfikaty funduszy to jednak "shares". http://www.sec.gov/answers/mfclose.htm Closed-end fund shares generally are not redeemable. That is, a closed-end fund is not required to buy its shares back from investors upon request. Some closed-end funds, commonly referred to as interval funds, offer to repurchase their shares at specified intervals. U nas większość funduszy zamkniętych (jeśli nie wszystkie) to interval funds. |
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