absorção contra dividendos

English translation: offset against dividends

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:absorção contra dividendos
English translation:offset against dividends
Entered by: Jeanne Zang
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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
United States
Local time: 11:12
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: 11:12
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Summary of answers provided
5offset against dividends
Marian Greenfield


  

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26 mins   confidence: Answerer confidence 5/5
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.

Marian Greenfield
Local time: 11:12
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1930
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