GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:45 Mar 20, 2001 |
German to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Steve Martin Germany Local time: 06:52 | ||||||
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Summary of answers provided | ||||
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na | Ascertain the statement |
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na | approve |
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na | approve the company accounts |
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na | approve (or ratify) yearend results |
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na | to ascertain/ determine the balance sheet |
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Ascertain the statement Explanation: feststellen = ascertain or establish Routledge German Dictionary of Business, Commerce and Finance |
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approve Explanation: It looks like you're translating the statutes of a company. Consider: "The Executive Committee shall as a whole approve the balance sheet" at http://www.efiweb.org/constitution_pt5.htm and "Members have the right [...] to [...] approve the balance sheet ..." at http://www.slowfood.com/activities/convivium/statute.html Good luck, Steve Hamblock/Wesels, my own work, the Web |
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approve the company accounts Explanation: The shareholders approve the accounts of a company at the shareholders meeting (in the UK usually the Annual General Meeting of the company). Notices of AGMs circulated to shareholders. |
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approve (or ratify) yearend results Explanation: In an annual meeting (in the US, anyway), shareholders merely recognize, as fact, the financial statement submitted by the management. They have no power to change it, except voting out the board, with new management taking over. |
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to ascertain/ determine the balance sheet Explanation: Please note that I previously worked in a banking context. |
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