TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

Treasury share underwritings or distributions are priced below the stock's prevailing market price, but the discount from the market can be no greater than a stated schedule of percentages (10% to 25% depending on the market price of the underwritten shares).  3, record 1, English, - underwritten%20share

Record number: 1, Textual support number: 1 OBS

The correct French equivalent is "action" in this context because "stock" and "share" are used interchangeably as a singular noun. However, "stock" is usually a collective noun, with "actions" as its French equivalent and "shares" as its synonym.  4, record 1, English, - underwritten%20share

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 CONT

Les prises fermes ou les placements d'actions de trésorerie sont effectués à un cours inférieur au cours du marché de l'action, mais l'escompte par rapport au marché ne peut être plus important que certains pourcentages fixés (de 10% à 25% suivant le cours du marché des actions prises ferme).  2, record 1, French, - action%20prise%20ferme

Record 1,  Textual support,  Spanish