A first interim distribution in specie of the company\'s interest

French translation: première distribution provisoire en nature de la participation de la société dans.....

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16:15 Mar 4, 2018
English to French translations [PRO]
Bus/Financial - Finance (general) / liquidation SCI
English term or phrase: A first interim distribution in specie of the company\'s interest
Again it concerns the distribution of shares after the liquidation of a SCI. I have a difficulty translating the whole sentence as it happens with particular emphasis on the word "in specie"
Lucianalamarca
France
Local time: 03:33
French translation:première distribution provisoire en nature de la participation de la société dans.....
Explanation:
In Specie - Investopedia
https://www.investopedia.com/terms/i/in_specie.asp

In specie is a phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash proceeds. In specie distributions are made when cash is not readily available or allocating the physical asset is a better alternative than distributing cash.
In specie transfers and contributions - what's the difference?
https://adviser.royallondon.com/technical.../in-specie-trans...

'In specie' is a Latin term meaning 'in the actual form'. Transferring an asset 'in specie' means to transfer the ownership of that asset from one person/company/entity to another person/company/entity in its current form, that is without the need to convert the asset to cash.

Where the
Fund makes a distribution in specie of a pro rata number of securities on the redemption of Units of a Unitholder,
[...]
ypg.com

En cas de distribution en nature par le Fonds d'un nombre proportionnel de titres au rachat de parts d'un porteur de parts,
[...]
ypg.com

Do you plan to make an interim distribution to unit holders and, if so, when?
ajohnpage.com

Prévoyez-vous d'effectuer une distribution provisoire en faveur des détenteurs d'unités et, le cas échéant, à quel moment?
ajohnpage.com

An adjustment is
made to the management fee charged to the Company to avoid double billing relative to the Company's interest in some funds.
capitalregional.com

Un ajustement aux honoraires de
gestion de la Société est apporté afin d'éviter la double facturation liée à la participation de la Société dans certains fonds.
capitalregional.com
Selected response from:

AllegroTrans
United Kingdom
Local time: 02:33
Grading comment
Thanks a lot !
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2première distribution provisoire en nature de la participation de la société dans.....
AllegroTrans


Discussion entries: 8





  

Answers


26 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
a first interim distribution in specie of the company's interest in....
première distribution provisoire en nature de la participation de la société dans.....


Explanation:
In Specie - Investopedia
https://www.investopedia.com/terms/i/in_specie.asp

In specie is a phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash proceeds. In specie distributions are made when cash is not readily available or allocating the physical asset is a better alternative than distributing cash.
In specie transfers and contributions - what's the difference?
https://adviser.royallondon.com/technical.../in-specie-trans...

'In specie' is a Latin term meaning 'in the actual form'. Transferring an asset 'in specie' means to transfer the ownership of that asset from one person/company/entity to another person/company/entity in its current form, that is without the need to convert the asset to cash.

Where the
Fund makes a distribution in specie of a pro rata number of securities on the redemption of Units of a Unitholder,
[...]
ypg.com

En cas de distribution en nature par le Fonds d'un nombre proportionnel de titres au rachat de parts d'un porteur de parts,
[...]
ypg.com

Do you plan to make an interim distribution to unit holders and, if so, when?
ajohnpage.com

Prévoyez-vous d'effectuer une distribution provisoire en faveur des détenteurs d'unités et, le cas échéant, à quel moment?
ajohnpage.com

An adjustment is
made to the management fee charged to the Company to avoid double billing relative to the Company's interest in some funds.
capitalregional.com

Un ajustement aux honoraires de
gestion de la Société est apporté afin d'éviter la double facturation liée à la participation de la Société dans certains fonds.
capitalregional.com

AllegroTrans
United Kingdom
Local time: 02:33
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 161
Grading comment
Thanks a lot !
Notes to answerer
Asker: Thank you !


Peer comments on this answer (and responses from the answerer)
neutral  Germaine: la distribution est libellée en £ (€ dans l'autre question). Donc, "in specie" = EN ESPÈCES/en numéraire (l'autre traduction du terme). En plus, ce texte est titré "Distribution of realizations" (= produit de la vente); voir cette question.// Relisez!
3 hrs
  -> I diasagree: I read this a partial, direct transfer of an interest which is borne out by 'in specie'

agree  surbeg: D'accord. Pour "interim" je pense qu'intermédiaire pourrait être meilleur que provisoire ici.
5 hrs
  -> merci!

agree  Daryo
22 hrs
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