Glossary entry

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

Proposed translations

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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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