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Italian to English translations [PRO]
Bus/Financial - Economics / company transfer | | Italian term or phrase: avvitamento | | Vendere solo i cespiti (quindi beni materiali ed eventualmente immateriali quali brevetti ecc.) e separatamente trasferire il personale porterebbe le due società in una posizione indifendibile e si troverebbero in situazione di altissimo rischio fiscale, considerando che per l’acquirente oltre all’imposta di registro evasa (anche sull’avvitamento che verrebbe comunque accertato), ci sarebbe la ripresa della detrazione dell’iva effettuata sulle fatture dei cespiti ecc.. e per la venditrice la plusvalenza sull’avvitamento ecc. |
| | | financial turn of events | Explanation:
financial turn of events = avvitamento finanziario
en.bab.la/dictionary/italian-english/svolta
Does this fit your context? |
| Selected response from:
  Gad Kohenov
Local time: 20:49
| Grading comment The most approximate. Thanks for your effort
2 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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3 mins confidence:  avviamento - goodwill
Explanation:
Looks very definitely a typo for avviamento. The seller will receive the gain on the goodwill, the difference between the sales price and the book value.
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Note added at 52 mins (2010-11-02 07:55:35 GMT)
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I appreciate your points. I only really looked at the second instance of the term.
The definition you give, which obviously demonstrates the existence of the term, just doesn't seem to fit the second of these two contexts. You can't have a gain on a loan from the sale of an asset, but you can very definitely have a gain on the sale of an asset, which is goodwill. If the first instance is correct, that the purchaser will have to pay the stamp duty on the "avvitamento" understood as the loan to repay current interest charges then this may well not be a typo.
However, I can never remember seeing the term, although it does ring a faint bell. I doubt you will find a specific term for it. Only a very stupid bank is going to lend to a firm to enable to pay interest on an existing loan. It is "throwing good money after bad" as they say. Governments might do it to save jobs.
| James (Jim) Davis
Italy
Local time: 19:49
Specializes in field
Native speaker of:  English
PRO pts in category: 340
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| | Notes to answerer
Asker: This term appears twice in the same paragraph and also elsewhere. It is definitely correct as such since it appears in Googl, see http://www.google.it/#hl=it&q=%22avvitamento+finanziario%22+&aq=f&aqi=&aql=&oq=&gs_rfai=&fp=c66a4d433d7f5b7e
and
http://archivio2.unita.it/v2/carta/showoldpdf.asp?anno=2003&mese=10&file=05ECO16a
At the beggining of article on the Cirio crack the appears thefollowing:
In gergo si chiama «avvitamento
finanziario». La formula, riferita
a un’impresa, indica il ricorso a
un nuovo debito per coprire la spesa
in conto interessi. Significa che le
attività della società non sono in grado
di generare soldi per far fronte
agli interessi dei debiti.
In particolare, ne ho trovato una definizione in questo sito: http://archivio2.unita.it/v2/carta/showoldpdf.asp?anno=2003&mese=10&file=05ECO16a
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1 hr confidence: 
1 hr confidence: debt financed interest payments
Explanation:
If you want a translation of avvitamento this is what I would suggest.
However, it might be worth checking with your client becuase it doesn't make much sense here.
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The translation workplace 
