TERMIUM Plus®

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

NON-ASSESSABLE SHARE [1 record]

Record 1 2024-04-03

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

Stock, the owners of which cannot be legally called upon for additional payments in case of insolvency or otherwise.

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.

OBS

nonassessable stock: term and text reproduced from The Encyclopedia of Banking and Finance, Tenth Edition (1993), by Glenn G. Munn, F.L. Garcia and Charles J. Woelfel, with the permission of the copyright holder, The McGraw-Hill Companies Inc. In no event shall McGraw-Hill have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with the use of this material.

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Action entièrement libérée, en ce sens que la société qui l'a émise ne peut demander à son titulaire qu'il lui verse plus tard des sommes additionnelles.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Inversiones
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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