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abbattimento del capitale sociale

English translation: reduction of share capital

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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: 13:15
Grading comment
I utilized some of the answer; thank you, juvefan
2 KudoZ points were awarded for this answer

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Summary of answers provided
nasee belowAndréa Basili
nareduction of share capitalRichard 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: 13:15
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: 13:15
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 307
Grading comment
I utilized some of the answer; thank you, juvefan
Login to enter a peer comment (or grade)

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: 13:15
PRO pts in pair: 24
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