ProZ.com global directory of translation services
 The translation workplace
Ideas
KudoZ home » French to English » Accounting

admise au passif

English translation: included as a debt {on the co.'s statement of affairs}


Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:admise au passif
English translation:included as a debt {on the co.'s statement of affairs}
Entered by: Rebecca Elliott
Options:
- Contribute to this entry
- Include in personal glossary

10:26 Dec 4, 2008
French to English translations [PRO]
Law/Patents - Accounting
French term or phrase: admise au passif
I'm unsure as to the meaning of "admise au passif". I translated "produit au passif d'XXX pour X Euros" as "lodged a claim against XXX for X Euros" earlier, but I'm not sure. Does it have something to do with inclusion in the liabilities of the company?

La créance de la Recette Principales des douanes de XXX, dont il n’est pas discuté qu’elle a été admise au passif de la société XXX, a été contestée et le juge-commissaire de la liquidation judiciaire...a admis la créance pour X Euros.

Thank you
Rebecca Elliott
United Kingdom
Local time: 16:46
included as a debt {on the co.'s statement of affairs}
Explanation:
If it's down in statement of affairs (corp. insolvency balance sheet), then it's provable (produire) and will be acceptable to an E&W Bankruptcy Judge = Registrar.

Produit au passif: proved as a debt of. ... cf. lodging or submission of a proof of debt.

Produire a: prove in...




Selected response from:

Tom Thumb
Local time: 17:46
Grading comment
Both answers were helpful, thank you. I would have split the points if I could.
4 KudoZ points were awarded for this answer



Summary of answers provided
5entered as a liability
Karen Vincent-Jones
4included as a debt {on the co.'s statement of affairs}
Tom Thumb


  

Answers


29 mins   confidence: Answerer confidence 5/5
entered as a liability


Explanation:
I am prettty sure this is the term

Example sentence(s):
  • The sale is entered as a liability for the seller and an asset for the buyer, a bank or other financial institution.

    Reference: http://books.google.com/books?id=pys45zvIe3AC&pg=PA276&lpg=P...
    Reference: http://www.ecb.int/pub/pdf/other/bop_052007en.pdf
Karen Vincent-Jones
United Kingdom
Local time: 16:46
Native speaker of: Native in EnglishEnglish
Login to enter a peer comment (or grade)

1 day12 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
included as a debt {on the co.'s statement of affairs}


Explanation:
If it's down in statement of affairs (corp. insolvency balance sheet), then it's provable (produire) and will be acceptable to an E&W Bankruptcy Judge = Registrar.

Produit au passif: proved as a debt of. ... cf. lodging or submission of a proof of debt.

Produire a: prove in...






Example sentence(s):
  • Statement of Affairs and Assets Insolvency. ... Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names, ...
  • If not, explain to the person that lodging a proof of debt form is no longer necessary in each case. Inform them of the availability of the forms from the ...

    Reference: http://www.bizhelp24.com/bankruptcy/statement-of-affairs.htm...
    www.insolvency.gov.uk/freedomofinformation/technical/casehelpmanual/P/ProofsAndProxies.htm -
Tom Thumb
Local time: 17:46
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 34
Grading comment
Both answers were helpful, thank you. I would have split the points if I could.
Login to enter a peer comment (or grade)




Return to KudoZ list


Changes made by editors
Dec 4, 2008 - Changes made by writeaway:
Field (specific)Finance (general) => Accounting
Dec 4, 2008 - Changes made by writeaway:
Field (specific)Law (general) => Finance (general)


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also: