absorção contra dividendos

English translation: offset against dividends

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Portuguese term or phrase:	absorção contra dividendos
English translation:	offset against dividends
Entered by:	Jeanne Zang

21:40 Jan 17, 2002

Portuguese to English translations [PRO]
Bus/Financial

Portuguese term or phrase: absorção contra dividendos

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.

Jeanne Zang KudoZ activity Questions: 1609 (5 open) (45 without valid answers) (36 closed without grading) Answers: 136 United States
Local time: 15:26

offset against dividends

Explanation:
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.

Selected response from:

Marian Greenfield
Local time: 15:26

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Summary of answers provided

offset against dividends

Marian Greenfield

Answers

26 mins confidence:

offset against dividends

Marian Greenfield
Local time: 15:26
Native speaker of:

English
PRO pts in pair: 1930

Grading comment

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