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in specie or kind

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11:42 Nov 21, 2013
This question was closed without grading. Reason: No acceptable answer

English to French translations [PRO]
Law/Patents - Law: Contract(s) / Statuts
English term or phrase: in specie or kind
Voici la phrase complète :

If the Company is wound up, the liquidator may, with the sanction of a special resolution of the Company and any other sanction required by the Act, divide among the members IN SPECIE OR KIND the whole or any part of the assets of the Company (whether they shall consist of property of the same kind or not) and may, for such purpose, set such value as he deems fair upon any property to be divided as aforesaid and may determine how such division shall be carried out as between the members or different classes of members.

Merci.
Nathalie Ohana
United States
Local time: 13:42
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Summary of answers provided
4 -1en espèces ou en nature
FX Fraipont
4 -2en numéraire ou en natureValue & Meaning
Summary of reference entries provided
Investopedia definition of In Specie
Nicolas Roussel

Discussion entries: 7





  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
en espèces ou en nature


Explanation:
..

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Note added at 4 mins (2013-11-21 11:46:46 GMT)
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"kind : in goods, commodities, or services rather than money: In colonial times, payment was often made in kind"
http://dictionary.reference.com/browse/kind?s=t

FX Fraipont
Belgium
Local time: 19:42
Native speaker of: Native in FrenchFrench
PRO pts in category: 946

Peer comments on this answer (and responses from the answerer)
disagree  Nicolas Roussel: C’est plutôt le contraire, In Specie signifie dans l’état actuel, plutôt que de vendre les biens et de partager le montant obtenu.
3 mins
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7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -2
en numéraire ou en nature


Explanation:
le droit des sociétés français parle d'apports en numéraire ou en nature

Value & Meaning
Local time: 19:42
Native speaker of: Native in FrenchFrench

Peer comments on this answer (and responses from the answerer)
disagree  Germaine: ici, on parle de liquidation. L'actif est distribué en l'état ou en nature (ce qui revient plus ou moins à vendre la société aux actionnaires plutôt que la dissoudre)
1 hr

disagree  Daryo: ici c'est dans le sens contraire – comment reprendre ses apports au moment de la dissolution d'une société
1 day14 hrs
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Reference comments


3 mins peer agreement (net): +2
Reference: Investopedia definition of In Specie

Reference information:
The official definition of this Latin term that I believe does not need to be translated.


    Reference: http://www.investopedia.com/terms/i/in_specie.asp
Nicolas Roussel
Philippines
Native speaker of: Native in FrenchFrench
PRO pts in category: 4

Peer comments on this reference comment (and responses from the reference poster)
agree  GILOU
53 mins
agree  Joco
2 hrs
neutral  Daryo: agree about looking for the definition in the relevant sources, instead of "tomber dans le panneau" and assume that "in species" has something to do with "en espèces", but you still need to translate both terms (in specie vs. in kind))
1 day21 hrs
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