Glossary entry (derived from question below)
French term or phrase:
bradage
English translation:
selling off, selling at below market value
Added to glossary by
NancyLynn
Aug 18, 2005 14:54
19 yrs ago
1 viewer *
French term
bradage
French to English
Law/Patents
Law: Contract(s)
Belgian (Congo) French
In a letter from the President of the Republic to its partner in oil exploitation:
Concerne: Bradage des intérêts de l'État par la Société A&A Ltd.
...il s'est avéré que la Société A&A aurait, sans autorisation préalable du Gouvernement de la République telle que l'exige la loi paortant législation sur les Mines, vendu 85 % de ses intérêts dans la convention signée avec l'État en Avril 2000 à la Société Y&Y, partenaire de Z Inc depuis février 2004.
The strange capitalisation in this text makes me nervous as to the exact eaning of Bradage (I thought it was discount or liquidation, but this seems more sinister, like embezzlement...) any ideas?
TIA
Concerne: Bradage des intérêts de l'État par la Société A&A Ltd.
...il s'est avéré que la Société A&A aurait, sans autorisation préalable du Gouvernement de la République telle que l'exige la loi paortant législation sur les Mines, vendu 85 % de ses intérêts dans la convention signée avec l'État en Avril 2000 à la Société Y&Y, partenaire de Z Inc depuis février 2004.
The strange capitalisation in this text makes me nervous as to the exact eaning of Bradage (I thought it was discount or liquidation, but this seems more sinister, like embezzlement...) any ideas?
TIA
Proposed translations
(English)
| 3 +6 | selling off |
cmwilliams (X)
|
| 5 +2 | Sell off state holdings/interest at below market value by [company name] |
Jane Lamb-Ru (X)
|
| 4 +1 | depletion/squandering of assets |
CMJ_Trans (X)
|
Proposed translations
+6
8 mins
Selected
selling off
brader = sell cheaply, sell off (dic. de l'anglais écon. et juridique)
4 KudoZ points awarded for this answer.
Comment: "thanks to all!"
+2
18 mins
Sell off state holdings/interest at below market value by [company name]
Bradage is bradage..a sell off at below market value..or intrinsic value..
This is a political statement...bradage is very used in French and remember this is Africa where corruption is rife..especially the RDC in all its manifestations...
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Note added at 19 mins (2005-08-18 15:14:13 GMT)
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correx: the sell off of state holdings/interest at below market/intrinsic value by [Company Name]
This is a political statement...bradage is very used in French and remember this is Africa where corruption is rife..especially the RDC in all its manifestations...
--------------------------------------------------
Note added at 19 mins (2005-08-18 15:14:13 GMT)
--------------------------------------------------
correx: the sell off of state holdings/interest at below market/intrinsic value by [Company Name]
Peer comment(s):
| agree |
df49f (X)
: you're right - brader is not just to sell off, but sell off at a ridiculously low price compared with real asset value
1 hr
|
| agree |
Maria Gutierrez
: totally agreed
3 hrs
|
+1
59 mins
depletion/squandering of assets
just more ideas but the question has already been answered really
Peer comment(s):
| agree |
sarahl (X)
2 hrs
|
| neutral |
Jane Lamb-Ru (X)
: you can squander without selling off...
5 hrs
|
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