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Italian to English translations [PRO]
Bus/Financial - Accounting / financial statements | | Italian term or phrase: si e` verificato un preciso vincolo di postergazione | I finanziamenti ricevuti dai soci sono pari a XXX e per nessuno all’atto della loro effettuazione o successivamente si è verificato un preciso vincolo di postergazione rispetto agli altri debiti di bilancio.
I can't seem to phrase this right. Thanks for the help! |
| VanitaKudoZ activityQuestions: 455 (none open) ( 2 without valid answers) ( 2 closed without grading) Answers: 76
India
| Local time: 08:18
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| | subordination | Explanation:
This refers to the relative ranking of debt obligations.
Often new loans of a particular class will say that they rank pari passu (ie. equivalent treatment in the case of bankruptcy/liquidation) will all other bonds, banks loans, unsecured loan obligations, etc. as the case may be
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Note added at 27 mins (2007-08-10 14:03:59 GMT)
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"Il vincolo di postergazione comporta, quindi, una riqualificazione delle poste costituite dai finanziamenti soci, almeno per ciò che riguarda la destinazione alla garanzia dei crediti dei terzi".....“la clausola di postergazione finisce per rendere i “creditori” postergati compartecipi al “rischio d’impresa” della banca…con evidente distacco dai caratteri tipologici essenziali del contratto di mutuo” |
| Selected response from:
xxxDCypher
Local time: 04:48
| Grading comment Thanks so much for your help and time!
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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24 mins confidence:   subordination
Explanation:
This refers to the relative ranking of debt obligations.
Often new loans of a particular class will say that they rank pari passu (ie. equivalent treatment in the case of bankruptcy/liquidation) will all other bonds, banks loans, unsecured loan obligations, etc. as the case may be
--------------------------------------------------
Note added at 27 mins (2007-08-10 14:03:59 GMT)
--------------------------------------------------
"Il vincolo di postergazione comporta, quindi, una riqualificazione delle poste costituite dai finanziamenti soci, almeno per ciò che riguarda la destinazione alla garanzia dei crediti dei terzi".....“la clausola di postergazione finisce per rendere i “creditori” postergati compartecipi al “rischio d’impresa” della banca…con evidente distacco dai caratteri tipologici essenziali del contratto di mutuo”
| xxxDCypher
Local time: 04:48
Specializes in field
Native speaker of:  English
PRO pts in category: 246
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| | Grading comment | Thanks so much for your help and time! |
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