Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: Acciones y participaciones sociales | I know this has come up before (http://www.proz.com/kudoz/376469) but I really need to be able to distinguish clearly between the two types - the company has changed its legal status from sociedad limitada, with "participaciones sociales" to a sociedad anonima, with "acciones". I've been using "shares" for participaciones sociales up to now, but having hit this sentence I realise I have to use something different!
Como consecuencia de dicha transformación se produce la anulación de las 4.783.255 participaciones sociales de 0,01 euros de valor nominal cada una de ellas (2.331.865 correspondientes a la clase A y 2.451.390 a la clase B) representativas de la totalidad del capital social de la Sociedad y sustitución de las mismas por 4.783.255 acciones, de las cuales 2.331.865 acciones corresponden a la clase A y 2.451.390 a la clase B.
I can't replace shares with the exact same number of shares - help! |
| | | S.A. shares and S.L. shares | Explanation:
As your document highlights, acciones and participaciones sociales are both shares. The former, as your document indicates, are shares in a sociedad anonima, the latter shares in a sociedad limitada. If I were you, I would not try to find another translation just so that you can mirror the Spanish with two different terms, as I don't think this would work. I therefore suggest that you establish in your document that S.A. stands for sociedad anonima and S.L. for sociedad limitada and call the shares either S.A. shares or S.L. shares
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Note added at 1 hr (2008-02-05 22:01:19 GMT)
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Rebecca Jowers explains all this much better than I can, so please see her answer to a previous question.
http://www.proz.com/kudoz/2082002
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Note added at 1 hr (2008-02-05 22:03:01 GMT)
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This may be interesting too:
http://www.atrium-incorporators.com/Incorporating a SL - Soc... |
| Selected response from:
  Nikki Graham
United Kingdom
Local time: 19:46
| Grading comment Thank you everybody for your suggestions - all most useful. I felt this solution created least room for confusion in the end, and agreed with the client to add a note explaining the Spanish terminology.
4 KudoZ points were awarded for this answer |
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