TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

escrowed share [1 record]

Record 1 2002-02-11

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

An outstanding share of a company which, while entitled to vote and receive dividends, may not be bought or sold while held in escrow unless special approval is obtained from applicable securities authorities (e.g., the stock exchange and/or the provincial securities commission). This technique is commonly used by mining and oil companies when treasury shares are issued for new properties.

Key term(s)
  • share deposited in escrow

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Action dont la négociabilité est restreinte pendant un certain temps et qui est déposée entre les mains d'un tiers jusqu'à la réalisation d'un événement donné.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Inversiones
DEF

Acción que tiene un condicionante legal para ser transmitida. En la escritura legal podrá pactarse que la transmisión de las acciones nominativas sólo se haga con la autorización del consejo de administración; este podrá negar la autorización designando un comprador de las acciones al precio corriente en el mercado.

Key term(s)
  • acción en depósito fiduciario
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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