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amerikanische Schulter
Steckkeil

Glossary entry

German term or phrase:

Vermögensbetreuungspflicht

English translation:

duty (or obligation) to care for assets

Added to glossary by EMatt
Sep 4, 2007 22:00
16 yrs ago
2 viewers *
German term

Vermögensbetreuungspflicht

German to English Bus/Financial Accounting corporate governance
Die Angeklagten verletzten ihre Vermoegensbetreuungspflicht durch die Zuerkennung von nutzlosen Anerkennungspraemien.
Proposed translations (English)
3 duty (or obligation) to care for assets
4 Financial Care duty
4 duty of asset trusteeship
3 neglected their duty to monitor and supervise the assets
3 responsibility for, in respect of, asset management
Change log

Sep 5, 2007 06:27: Steffen Walter changed "Term asked" from "Vermoegensbetreuungspflicht" to "Vermögensbetreuungspflicht" , "Field (write-in)" from "corproate governance" to "corporate governance"

Proposed translations

43 mins
German term (edited): Vermoegensbetreuungspflicht
Selected

duty (or obligation) to care for assets

I hesitate to suggest this, because I am sure that you are familiar with this possibility, but without more context, it is hard to be more precise.
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4 KudoZ points awarded for this answer. Comment: "Thanks. I was looking for a better solution but ended up using something similar."
1 hr
German term (edited): Vermoegensbetreuungspflicht

neglected their duty to monitor and supervise the assets

oder , wenn es um eine professionelle vermoegenstbetreuung geht, neglected their fiduciary duties managing the assets
depends on the audience- if this has to go to court the terminology may well have to be adjusted by a lawyer.
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8 hrs

Financial Care duty

Duty of Financial Care

The accused/defendant failed to perform their financial care duty by awarding...

Example sentence:

The accused/defendant failed to perform their financial care duty by awarding...

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18 hrs

responsibility for, in respect of, asset management

violating their .....
is another option.
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3 days 11 hrs

duty of asset trusteeship

Includes, in the Anglo-Am. law of equity, the duty not only to look after, but also to review at regular intervals, maintain the value and diversify investments.

Example sentence:

If the trustee breached its duty to diversify the trust assets by investing a substantial amount of trust money in a single stock, and if the company went ...

unfair to both income beneficiaries and trustees. 16. The trustees’ investment duty is not to achieve a particular outcome, but rather to ...

Reference:

http://www.consumerlaw.com/trust.html

http://www.oup.com/uk/orc/bin/9780199285327/watt_tande_ch12.pdf

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