der Partizipationsschein
Translation
participation certificate, non-voting share
Examples
Er kaufte einen Partizipationsschein der Firma.
He bought a participation certificate of the company.
Partizipationsscheine geben kein Stimmrecht.
Participation certificates do not grant voting rights.
Grammar Patterns
((sth.acc)) to buy/own ((sth.)) Er besitzt Partizipationsscheine.
Similar Words
Genussschein (profit participation certificate), Aktie (ohne Stimmrecht) (non-voting share)
Etymology
From 'Partizipation' (participation) and 'Schein' (certificate, bill). Literally a 'participation certificate'.
Memory Tips
Think of it as a 'certificate' (Schein) that allows you to 'participate' (partizipieren) in a company's profits, but not its decisions.