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patrimonio neto negativo

English translation: negative equity/net worth


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:patrimonio neto negativo
English translation:negative equity/net worth
Entered by: Smartranslators
Options:
- Contribute to this entry
- Include in personal glossary

14:50 Apr 13, 2007
Spanish to English translations [PRO]
Law/Patents - Finance (general) / Annual accounts / report
Spanish term or phrase: patrimonio neto negativo
La Sociedad presenta al [fecha] patrimonio neto negativo, y en consecuencia, inferior a la mitad del capital social, situación que está contemplada en el art. 104 de la Ley de Sociedades de Responsabilidad Limitada como causa de disolución obligatoria salvo que se aumente el capital en la medida suficiente para restablecer el equilibrio patrimonial.

Negative equity seems to refer only to mortgages.
peterinmadrid
Local time: 21:32
negative equity/net worth
Explanation:
Suerte
Selected response from:

Smartranslators
Local time: 20:32
Grading comment
Thank you, Smarttrans.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2negative net worthSteveW
4 +1negative net asset value
GillW
4 +1negative equity/net worth
Smartranslators


Discussion entries: 1





  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
negative equity/net worth


Explanation:
Suerte

Smartranslators
Local time: 20:32
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 941
Grading comment
Thank you, Smarttrans.

Peer comments on this answer (and responses from the answerer)
agree  xxxDCypher: negative shareholders' equity (I would reserve "net worth" for talking about personal wealth)
9 mins
  -> many thanks Paul
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25 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
negative net asset value


Explanation:
often talk about a company's net asset value (NAV) or net worth

GillW
Local time: 19:32
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
agree  xxxDCypher
3 hrs
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1 min   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
negative net worth


Explanation:
one possibility

--------------------------------------------------
Note added at 34 mins (2007-04-13 15:25:04 GMT)
--------------------------------------------------

another possibility (it seems) is "stockholders' deficit"

SteveW
Local time: 20:32
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 82

Peer comments on this answer (and responses from the answerer)
agree  Edward Tully: just what I was going to put!
1 min
  -> Thanks, Edward!
agree  Noni Gilbert
2 mins
  -> Thanks, aceavila - Noni!
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