Glossary entry

French term or phrase:

Avoir

English translation:

Equity capital

Added to glossary by Lise Boismenu, B.Sc.
Dec 13, 2001 17:33
22 yrs ago
5 viewers *
French term

AVOIR

French to English Bus/Financial
Avoir dans le sens comptable. This is a very confusing notion, even with the GDT. The word is used in a formula to compute a minimum profit level in a company:

Avoir au 31 octobre précédent X % de rendement désiré X 60%.

Would appreciate any help.
Thanks
Lise

Proposed translations

1 hr
Selected

Minimum profit is arrived at by taking 60% of equity capital as at the preceding 31 October and mult

I assume that minimum profit is being established for the basis of royalty payments, payments to other sleeping partners or interested parties. If this is the case the sentence above may be appropriate. It obviously depends on the overall context.
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4 KudoZ points awarded for this answer. Comment: "The equity capital seems just right under the circumstances. Thanks you all for your input. Lise RE: Domaine(s) : finance 1 / 1 owners' equity Syn. equity equity capital capitaux propres n. m. pl. Syn. avoir des propriétaires n. m. fonds propres n. m. pl. Déf. : Composante du bilan représentant le droit de propriété sur les actifs, après déduction des passifs externes. "
6 mins

To have/ to possess/ to hold

The verb "Avoir" doesn't have any special meaning in accountacy. What your sentence means is that they should have or possess X% of the income wanted prior to October 31st.
Good luck!
Reference:

Language knowledge

Peer comment(s):

agree Linda Young (X)
2 mins
disagree 1964 : In my dictionary (Banking+finance) it means: Assets
5 mins
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6 mins

To Have

The verb "Avoir" is "to have".

Hope it helps
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8 mins

credit note

in the accounting language, un avoir is a credit note, you will have to see how it fits into ur formula
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+1
10 mins

Asssets (avoir)

I think it says Asssets
Diction of Banking and finance

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Note added at 2001-12-13 17:51:20 (GMT)
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Sorry It is Assets .. not with three sss!!
Peer comment(s):

agree Andrea Kopf
1 hr
Thanks
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31 mins

actual

(fulfilment)
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+1
2 hrs

asset or credit

In finance/economics and accounting "avoir" does indeed have specific meanings: it means assets or holdings in the general financial sense and "credit" (as in a credit entry as vs a debit entry) in an accounting account.

Sources: lots of accounting experience plus
Dictionnaire de l'Economie de la Finance et de la Comptabilité (Marie-Claude Esposito, Paris: Economica, 1997), sv avoir.

In your example: "credit as of last October 31 x etc."

Peer comment(s):

agree writeaway : thank you. credit was just a huge help.
5102 days
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