abbattimento del capitale sociale

English translation: reduction of share capital

04:20 Mar 27, 2000
Italian to English translations [PRO]
Bus/Financial
Italian term or phrase: abbattimento del capitale sociale
abbattimento del capitale sociale pari alle perdite al 31 dicembre 1998
juvefan
English translation:reduction of share capital
Explanation:
This is a financial operation provided for by the Italian Civil Code when lossess reach a certain amount.
Selected response from:

Richard Boyce
Local time: 04:03
Grading comment
I utilized some of the answer; thank you, juvefan
2 KudoZ points were awarded for this answer



Summary of answers provided
nasee below
Andréa Basili
nareduction of share capital
Richard Boyce
nadecrease of share capital
Silvestro De Falco


  

Answers


47 mins
decrease of share capital


Explanation:
Looks like the loss at FYE 1998 was charged to the company's share capital.

Silvestro De Falco
Local time: 04:03
Native speaker of: Native in EnglishEnglish, Native in ItalianItalian
PRO pts in pair: 213
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2 hrs
reduction of share capital


Explanation:
This is a financial operation provided for by the Italian Civil Code when lossess reach a certain amount.

Richard Boyce
Local time: 04:03
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 307
Grading comment
I utilized some of the answer; thank you, juvefan
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2 days 3 hrs
see below


Explanation:
Financial texts are not my specialty, but on Diziorom I found "capitale sociale" = "registered stock". "Abbattimento" in this context, as I understand it, would be "crash".
I hope this helps.

Andréa Basili
Italy
Local time: 04:03
PRO pts in pair: 24
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