Glossary entry

English term or phrase:

metal entitlement

Swedish translation:

metallandel/metalltilldelning

Added to glossary by Anders Dalström
Feb 7, 2014 14:37
10 yrs ago
3 viewers *
English term

metal entitlement

English to Swedish Bus/Financial Investment / Securities
Example sentences:

Because the underlying assets of PPLT consist of platinum bullion, the price of the fund should correspond almost exactly with spot prices on platinum. The **metal entitlement** of each share of PPLT is 0.1 ounces of platinum, meaning that the net asset value of shares should correspond to roughly one tenth the spot price of the metal.

For more context, please see: http://etfdb.com/2010/the-ultimate-guide-to-pplt-platinum-et...
Proposed translations (Swedish)
3 metallandel/metalltilldelning

Proposed translations

16 hrs
Selected

metallandel/metalltilldelning

Jag är ingen expert på området, men efter lite googlande så här på lördagsmorgonen får du några förslag :-)
Example sentence:

A physical ETP owns the underlying asset. For example, each share of a gold ETP is backed by a specific quantity of gold bullion, known as the metal entitlement. The gold is stored in a vault overseen by an independent custodian.

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