under-holding

Spanish translation: subholding

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:under-holding
Spanish translation:subholding
Entered by: Marta Mozo

12:27 Jan 15, 2008
English to Spanish translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: under-holding
XXX Corporation is the American affiliate of the Group. It is held to 60% via the Interlab **under-holding** held at 100% by YYY SA. It carries on activities of distribution, production and research and development. It is listed on the Nasdaq stock exchange It manages and assumes its stocks, has its own sales and marketing department and its own administrative departments.

Nunca vi esta palabra.
Gracias!
*:-)
Marta Mozo
Spain
Local time: 23:16
sub-tenencia
Explanation:
Esta es la única acepción posible, dado el contexto de sociedades que controlan a otras...Consultar el Alcaraz Varó Hughes Financier, págs. 694, para "under"="sub", y 368, para "holding"="tenencia".-

Es decir que XXX es controlada en un 60 % a través de la sub-tenencia de acciones que tiene Interlab, a su vez controlada en un 100 % por YYY S.A.-

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Note added at 2 hrs (2008-01-15 14:53:28 GMT)
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Typo: "Financiero".-
Selected response from:

MikeGarcia
Spain
Local time: 23:16
Grading comment
Al final me decanté por subholding. Creo que es más utilizado.
Gracias!
*:-)
2 KudoZ points were awarded for this answer



Summary of answers provided
4sub-tenencia
MikeGarcia


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
sub-tenencia


Explanation:
Esta es la única acepción posible, dado el contexto de sociedades que controlan a otras...Consultar el Alcaraz Varó Hughes Financier, págs. 694, para "under"="sub", y 368, para "holding"="tenencia".-

Es decir que XXX es controlada en un 60 % a través de la sub-tenencia de acciones que tiene Interlab, a su vez controlada en un 100 % por YYY S.A.-

--------------------------------------------------
Note added at 2 hrs (2008-01-15 14:53:28 GMT)
--------------------------------------------------

Typo: "Financiero".-

MikeGarcia
Spain
Local time: 23:16
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 1132
Grading comment
Al final me decanté por subholding. Creo que es más utilizado.
Gracias!
*:-)
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