Basic Translation Course Homework Assignment 6

Name: Susanne Ongkowidjaja

Stocks and Securities

1. Stock: saham
. Shares:saham
!. "ros#ectus: "ros#ektus $ A %ormal legal document& which is re'uired () and %iled with the Securities
and *+change Commission& that #ro,ides details a(out an in,estment o%%ering %or sale to the #u(lic. A
#ros#ectus should contain the %acts that an in,estor needs to make an in%ormed in,estment decision.-
.. Stock market: "asar saham $The market in which shares are issued and traded either through
e+changes or o,er/the/counter markets. Also known as the e'uit) market& it is one o% the most ,ital areas
o% a market econom) as it #ro,ides com#anies with access to ca#ital and in,estors with a slice o%
ownershi# in the com#an) and the #otential o% gains (ased on the com#an)0s %uture #er%ormance.-
1. Stock certi%icate2Share certi%icate:Surat saham $A share certi%icate is a written document signed on
(ehal% o% a cor#oration& and ser,es as legal #roo% o% ownershi# o% the num(er o% shares indicated.-
6. Share swa#: #ertukaran saham $ The e+change o% one asset %or another. A stock swa# occurs when
shareholders0 ownershi# o% the target com#an)0s shares are e+changed %or shares o% the ac'uiring
com#an) as #art o% a merger or ac'uisition. 3uring a stock swa#& each com#an)0s shares must (e
accuratel) ,alued in order to determine a %air swa# ratio. A stock swa# can also occur when a stock
o#tion is e+ercised and the original shareholder e+changes their e+isting num(er o% shares to recei,e a
new greater amount.-
4. Share with #ar ,alue:saham dengan nilai nominal$ The #ar ,alues %or di%%erent %i+ed/income #roducts
will ,ar). Bonds generall) ha,e a #ar ,alue o% 51&666& while most mone) market instruments ha,e higher
#ar ,alues.-
7. Share register: 3a%tar "emegang Saham. $8nder the 89 cor#orate legislation& the register that records
the names and addresses o% the shareholders o% an incor#orated or registered %irm and the num(er and
class o% shares held () each shareholders. Also called share register& it must (e ke#t at the %irm0s
registered o%%ice.-
:. Stock (u)(ack: "em(elian saham kem(ali $Stock re#urchase ;or share (u)(ack< is the reac'uisition
() a com#an) o% its own stock. =n some countries& including the 8.S. and the 89& a cor#oration can
re#urchase its own stock () distri(uting cash to e+isting shareholders in e+change %or a %raction o% the
com#an)0s outstanding e'uit)> that is& cash is e+changed %or a reduction in the num(er o% shares
outstanding. The com#an) either retires the re#urchased shares or kee#s them as treasur) stock&
a,aila(le %or re/issuance.
8nder 8.S. cor#orate law there are %i,e #rimar) methods o% stock re#urchase: o#en market& #ri,ate
negotiations& re#urchase 0#ut0 rights& and two ,ariants o% sel%/tender re#urchase: a %i+ed #rice tender o%%er
and a 3utch auction. =n the late 6th and earl) 1st centuries& there was a shar# rise in the ,olume o%
share re#urchases in the 8nited States: 51 (illion in 1:76 rose to 5!.: (illion in 661.-
16. Stock o#tion: A #ri,ilege& sold () one #art) to another& that gi,es the (u)er the right& (ut not the
o(ligation& to (u) ;call< or sell ;#ut< a stock at an agreed/u#on #rice within a certain #eriod or on a s#eci%ic
date.
=n the 8.9.& it is known as a ?share o#tion?.