https://www.proz.com/kudoz/italian-to-english/finance-general/2364166-conto-copertura-perdite.html
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conto copertura perdite

English translation: (additional) share capital account

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:conto copertura perdite
English translation:(additional) share capital account
Entered by: achisholm

17:17 Jan 20, 2008
Italian to English translations [PRO]
Bus/Financial - Finance (general) / company statement
Italian term or phrase: conto copertura perdite
part of the report in the section:
Share capital and reserves attributable to minority interests:
" ... • per 480 migliaia di euro al versamento in conto copertura perdite effettuato dai soci di minoranza della società XXX"

Loss cover/protection account? or is there a specific term?
achisholm
United Kingdom
Local time: 10:48
(additional) share capital account
Explanation:
This is a share capital call to cover losses (not a hedge). Italian law requires shareholders to invest additional share capital to cover a company's losses.
Selected response from:

Peter Cox
Italy
Local time: 11:48
Grading comment
Many thanks.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3(additional) share capital account
Peter Cox
3 -1hedge account
Paul O'Brien


  

Answers


20 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
hedge account


Explanation:
might be this you're looking for.

Paul O'Brien
Argentina
Local time: 06:48
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 176

Peer comments on this answer (and responses from the answerer)
disagree  Peter Cox: Not in this case!
9 hrs
Login to enter a peer comment (or grade)

10 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +3
(additional) share capital account


Explanation:
This is a share capital call to cover losses (not a hedge). Italian law requires shareholders to invest additional share capital to cover a company's losses.

Peter Cox
Italy
Local time: 11:48
Specializes in field
Native speaker of: English
PRO pts in category: 833
Grading comment
Many thanks.

Peer comments on this answer (and responses from the answerer)
agree  James (Jim) Davis
45 mins
agree  Paul O'Brien: sounds good.
4 hrs
agree  Dana Rinaldi
4 hrs
Login to enter a peer comment (or grade)



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