Glossary entry (derived from question below)
Portuguese term or phrase:
absorção contra dividendos
English translation:
offset against dividends
Added to glossary by
Jeanne Zang
Jan 17, 2002 21:40
22 yrs ago
2 viewers *
Portuguese term
absorção contra dividendos
Portuguese to English
Bus/Financial
Proceder-se-á um encontro de contas entre ABC e suas controladas com a eliminação de todos os débitos e créditos entre elas, com prioridade para aqueles que possam ser liquidados via compensação, confusão e/ou *absorção contra dividendos*, sem movimentação de caixa.
Proposed translations
(English)
5 | offset against dividends | Marian Greenfield |
Proposed translations
26 mins
Selected
offset against dividends
basically, it's equivalent to offset against liabilities - company A has to pay xx to company B, but company B has to pay dividends worth xx to company A, so they use that dividend to offset the amount payable - thus no funds flow.
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