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Going-concern Capital vs. Gone-concern Capital

English translation: capital for an ongoing business or for a business in extinction

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17:02 Jun 20, 2012
English to English translations [PRO]
Bus/Financial - Economics
English term or phrase: Going-concern Capital vs. Gone-concern Capital
Dear Colleagues,

I am trying to translate the two adjectives: "going-concern" and "gone-concern" into Arabic, but couldn't because simply I don't understand the meaning.

I would highly appreciate it if you could kindly explain the meaning in simple words or just rephrase it for me.

The context goes as follows:
Tier 1 capital is “going concern” capital, whereas Tier 2 capital is “gone concern” capital

Thanks for your help in advance
Taghreed Mahmoud
Egypt
Local time: 20:14
English translation:capital for an ongoing business or for a business in extinction
Explanation:
You will find a good explanation at the link below.

"The capital proposals draw a distinction between Tier 1 Capital, which is referred to in parenthetical references as “going-concern capital”, and Tier 2 Capital, which is referred to in parenthetical references as “gone-concern capital” – that is, capital that acts as support for depositors in receivership, bankruptcy or liquidation but has less of a role in preserving the bank as a going concern."
Selected response from:

Martin Riordan
Brazil
Local time: 16:14
Grading comment
Thanks so much
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1capital for an ongoing business or for a business in extinction
Martin Riordan
Summary of reference entries provided
going vs. gonelorenab23

Discussion entries: 3





  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
going-concern capital vs. gone-concern capital
capital for an ongoing business or for a business in extinction


Explanation:
You will find a good explanation at the link below.

"The capital proposals draw a distinction between Tier 1 Capital, which is referred to in parenthetical references as “going-concern capital”, and Tier 2 Capital, which is referred to in parenthetical references as “gone-concern capital” – that is, capital that acts as support for depositors in receivership, bankruptcy or liquidation but has less of a role in preserving the bank as a going concern."


    Reference: http://blogs.law.harvard.edu/corpgov/2010/01/07/basel-commit...
Martin Riordan
Brazil
Local time: 16:14
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 11
Grading comment
Thanks so much
Notes to answerer
Asker: Thanks so much for your valuable help


Peer comments on this answer (and responses from the answerer)
agree  Stephanie Ezrol
58 mins
  -> Thanks, Stephanie!
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Reference comments


11 mins
Reference: going vs. gone

Reference information:
going concern
Definition
Currently operating business that is expected to continue to function as such and remain viable in the foreseeable future.

Read more: http://www.businessdictionary.com/definition/going-concern.h...


gone concern
Definition
Defunct firm or one in the process of being wound up. Debts of such firms become due immediately in full, their market value is determined on the basis of auction or liquidation value of their tangible assets, and their goodwillcounts for nothing.


Read more: http://www.businessdictionary.com/definition/gone-concern.ht...

lorenab23
United States
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
Note to reference poster
Asker: Thanks million times. I do appreciate your help..

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