konvertibel fordran

07:34 Jun 21, 2010
Swedish to English translations [PRO]
Law/Patents - Law: Contract(s) / Shareholders' contract
Swedish term or phrase: konvertibel fordran
"Konvertibelinnehavare avser xxxx som innehavare av konvertibel fordran."

Is this convertible credit or convertible receivables? Grateful for suggestions.
Matthew Preston
United Kingdom
Local time: 02:14


Summary of answers provided
4convertible debit
Harri Rynnela
3convertible loan
Chris S


Discussion entries: 2





  

Answers


3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
convertible loan


Explanation:
The holder of the convertible loan has lent money to the company, and the loan can at some point be converted into shares instead of being repaid

Chris S
United Kingdom
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 31
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2 days 19 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
convertible debit


Explanation:
It depends from which side you look at it.
You can have a convertible loan as a loan receivable, that can be converted to shares in the debtor company as Chris S suggests.
Or you can be the debtor and issue shares in your company to the creditor and convert your debt into shares.
So it really depends on the context.

Harri Rynnela
Brazil
Local time: 00:14
Specializes in field
Native speaker of: Native in FinnishFinnish, Native in SwedishSwedish
PRO pts in category: 4
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