GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:05 Feb 12, 2006 |
Russian to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: David Knowles Local time: 21:36 | ||||||
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Summary of answers provided | ||||
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4 +1 | the Issuer invites an unlimited number of persons to make offers to buy shares and DRs |
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делает неограниченному кругу инвесторов приглашение делать оферты о приобретении the Issuer invites an unlimited number of persons to make offers to buy shares and DRs Explanation: DR = Depository Receipt, a way of buying shares in foreign companies without the bother of actually owning them. ADRs are the most common: American Depository Receipts -------------------------------------------------- Note added at 15 mins (2006-02-12 16:20:53 GMT) -------------------------------------------------- Peter's suggestion of "to tender for" is better than the original suggestion. -------------------------------------------------- Note added at 26 mins (2006-02-12 16:32:19 GMT) -------------------------------------------------- Good explanation of DRs here: http://www.investopedia.com/articles/03/091003.asp |
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