Glossary entry (derived from question below)
French term or phrase:
abandon de créance
English translation:
debt waiver
Added to glossary by
French2English
Nov 10, 2003 13:08
20 yrs ago
9 viewers *
French term
abandon de créance
French to English
Bus/Financial
tax; financial; money; business
Please excuse lack of accents:
Pour etre deductible de l'impot sur les benefices, un abandon de creance d'une societe mere a sa filiale doit remplir certaines conditions. I have a basic understanding that this is talking about a company writing off its subsidiary's debts in terms of being tax deductible - and suggestions for the entire sentence would be welcomed to see if I can improve on what I already have. Thanks!
Suggestions for entire sentence would be welcomed also.
Pour etre deductible de l'impot sur les benefices, un abandon de creance d'une societe mere a sa filiale doit remplir certaines conditions. I have a basic understanding that this is talking about a company writing off its subsidiary's debts in terms of being tax deductible - and suggestions for the entire sentence would be welcomed to see if I can improve on what I already have. Thanks!
Suggestions for entire sentence would be welcomed also.
Proposed translations
(English)
4 +2 | waiver of a debt | lenkl |
3 +3 | debt write-off | GILLES MEUNIER |
4 | transfer of a claim/receivable | Jacques Saleh |
Proposed translations
+2
10 mins
Selected
waiver of a debt
This is the way I generally translate it. The parent company waives its subsidiary's debt. It then may write it off in its books, or claim a tax deduction, etc.
3 KudoZ points awarded for this answer.
Comment: "Chose this answer, because, although I imagine it has largely the same effect, I do think there is a technical distinction between waiving a debt and actually writing it off...but the first answer was equally helpful in getting the meaning across. "
+3
1 min
debt write-off
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Note added at 2003-11-10 13:11:56 (GMT)
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... Debt Write-off Regulations, 1994. SOR/94-602. Registration 20 September,
1994. ... Debt Write-off Regulations, 1994. TB 822023 15 September, 1994. ...
laws.justice.gc.ca/en/F-11/SOR-94-602/111468.html - 28k
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Note added at 2003-11-10 13:11:56 (GMT)
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... Debt Write-off Regulations, 1994. SOR/94-602. Registration 20 September,
1994. ... Debt Write-off Regulations, 1994. TB 822023 15 September, 1994. ...
laws.justice.gc.ca/en/F-11/SOR-94-602/111468.html - 28k
3 mins
transfer of a claim/receivable
seemingly
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Note added at 2003-11-10 13:18:57 (GMT)
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in this context, perhaps: DEBT FORBEARANCE
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Note added at 2003-11-10 13:18:57 (GMT)
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in this context, perhaps: DEBT FORBEARANCE
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