Glossary entry (derived from question below)
Dutch term or phrase:
wilsrecht
English translation:
discretionary right; optional right
Added to glossary by
Michael Beijer
Mar 19, 2014 00:33
10 yrs ago
11 viewers *
Dutch term
Canada
"wilsrecht"
Dutch to English
Bus/Financial
Law: Contract(s)
articles of incorporation
"De Vennootschap kan geen Vergaderrecht en/of *wilsrechten* uitoefenen verbonden aan Aandelen gehouden door de Vennootschap zelf."
This sentence is found in a section on 'acquisition and disposal of stocks by the company' in an amendment to articles of incorporation. Van den End gives 'optional right' (in the singular no less) for this, but does anyone have another resource to confirm this solution or propose a better one?
This sentence is found in a section on 'acquisition and disposal of stocks by the company' in an amendment to articles of incorporation. Van den End gives 'optional right' (in the singular no less) for this, but does anyone have another resource to confirm this solution or propose a better one?
Proposed translations
(English)
| 4 | discretionary right |
Michael Beijer
|
| 4 | right of will |
LogosART
|
| 4 | optional right |
LouisV (X)
|
Change log
Mar 26, 2014 12:46: Michael Beijer Created KOG entry
Proposed translations
7 days
Michael Beijer
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Experienced technical/patent translator
Native in: English (Variants: US, British) 
Works in: Dutch to English, Flemish to English, English to Dutch, and 2 more.
Related KudoZ points
:
76
Dutch term (edited):
wilsrecht
Selected
discretionary right
See Discussion entries and Reference ‘Fun with dictionaries’.
4 KudoZ points awarded for this answer.
Comment: "Thanks for everyone's input, but this is the best option for our purposes. Cheers, R."
19 mins
right of will
In our opinion, the option is to be analysed as a power, a right of will (wilsrecht) combined with an obligation not to sell the property on which the option is given to a third party during the time for which the option is given.
http://www.peacepalacelibrary.nl/ebooks/files/33372951x.pdf
http://books.google.hr/books?id=c2dXGnm6-j0C&pg=PA218&lpg=PA...
The second ground is that of right of will (wilsrecht)…
http://www.iflr.com/Article/1978465/The-Netherlands.html
http://www.peacepalacelibrary.nl/ebooks/files/33372951x.pdf
http://books.google.hr/books?id=c2dXGnm6-j0C&pg=PA218&lpg=PA...
The second ground is that of right of will (wilsrecht)…
http://www.iflr.com/Article/1978465/The-Netherlands.html
37 mins
optional right
Kluwer legal lexicon
Reference comments
1 hr
Robert Haslach
Native in English
Specializes in field
Flemish, Dutch & French - legal, medical
Native in: English
Works in: Flemish to English, Dutch to English, French to English
Related KudoZ points
:
19
Reference:
Erwin Christiaan Bos - 2005 - Inheritance and succession
9 hrs
Michael Beijer
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Experienced technical/patent translator
Native in: English (Variants: US, British)
Works in: Dutch to English, Flemish to English, English to Dutch, and 2 more.
Related KudoZ points
:
76
Reference:
Fun with dictionaries
Dutch Legal Terminology in English (Tony Foster):
wilsrechten = volitional interests
‘To ensure that the children’s rights under the new law are not eroded, Book 4 of the Civil Code allows for so-called volitional interests [wilsrechten]. The children may claim their share immedieately if the surviving spouse remarries. Depending on the circumstances, they can claim bare ownership [bloot eigendom(srechten)] (e.g. in the form of usufruct) or full ownership [volle eigendom(srecht)].’
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Nederlandse Rechtsbegrippen Vertaald (J.H.M. van Erp):
wilsrecht (erfrecht) = discretionary right, droit discrétionnaire, Wahlrecht (um Rechtsfolgen zu erzielen)
---------------------------------
Juridisch-Economisch Lexicon:
wilsrecht = optional right
de wilsrechten worden niet toegepast = the optional right is not exercised
---------------------------------
Van Dale Groot woordenboek van de Nederlandse taal (14):
wilsrecht = ben. voor die subjectieve vermogensrechten die aan de rechthebbende de bevoegdheid geven om door wilsverklaring verandering in de rechtsbetrekking tot stand te brengen
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wilsrechten = volitional interests
‘To ensure that the children’s rights under the new law are not eroded, Book 4 of the Civil Code allows for so-called volitional interests [wilsrechten]. The children may claim their share immedieately if the surviving spouse remarries. Depending on the circumstances, they can claim bare ownership [bloot eigendom(srechten)] (e.g. in the form of usufruct) or full ownership [volle eigendom(srecht)].’
---------------------------------
Nederlandse Rechtsbegrippen Vertaald (J.H.M. van Erp):
wilsrecht (erfrecht) = discretionary right, droit discrétionnaire, Wahlrecht (um Rechtsfolgen zu erzielen)
---------------------------------
Juridisch-Economisch Lexicon:
wilsrecht = optional right
de wilsrechten worden niet toegepast = the optional right is not exercised
---------------------------------
Van Dale Groot woordenboek van de Nederlandse taal (14):
wilsrecht = ben. voor die subjectieve vermogensrechten die aan de rechthebbende de bevoegdheid geven om door wilsverklaring verandering in de rechtsbetrekking tot stand te brengen
---------------------------------
Note from asker:
| Michael, I have opted for 'discretionary right' in light of the context, but can't give you the points this way. Could you please post this as an answer? |
Peer comments on this reference comment:
| agree |
Kirsten Bodart
: As the other terms usually refer to inheritance business, I would opt for discretionary rights, as these do crop up in conjunction with shareholders.
21 mins
|
|
Thanks Kirsten, I think I would agree with that (although I think ‘optional right’ is also used).
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