Glossary entry

Swedish term or phrase:

nettosäljas

English translation:

net sold

Added to glossary by SafeTex
Nov 24, 2018 13:59
5 yrs ago
Swedish term

nettosäljas

Swedish to English Bus/Financial Finance (general)
Hello

What does it mean to sell funds for a net value?

as in:

Fonder har under perioden ***nettosålts*** till ett bokfört värde om 1 000 TSEK?

I can understand that you sell assets but not funds.

Thanks
Proposed translations (English)
4 +1 net sold

Proposed translations

+1
4 hrs
Selected

net sold

Don't know if you want this as a term ... verb declension here isn't really a thing for this shorthand Swedish description (these finance types should really take a language lesson). Can't really say I've seen this used in the present tense for period reporting, so I'll give it to you in the past tense -- to match your context. Did you see the term in present tense?.

They're talking about buying and selling funds, which is among the things fund managers do. This report says the fund manager(s) sold more funds in the period than they bought, which should reduce fund holdings (though net assets should remain the same).

Some reading below...
Example sentence:

(the company/fund/management) net sold funds for the period for a total value of...

Peer comment(s):

agree Sam Habach
22 hrs
Thanks!
Something went wrong...
2 KudoZ points awarded for this answer. Comment: "thanks"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search