paid against receipt of

Discussion in 'Financial Terms' started by la_wilsen, Jan 9, 2013.

  1. la_wilsen Senior Member


    The text talks about the details of share certificates in the name of some companies for a number of shares. And then it says "Paid against receipt of Certificate Nº X of the Company XX for XXX shares with a face value of XXX euros"

    Share certificates = título físico de la acción???

    Paid against receipt of = pago al presentar el título XX de la empresa XX ???

    Thanks for your help!!!
  2. k-in-sc

    k-in-sc Senior Member

    Yes, that's what it sounds like to me.

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