Glossary entry (derived from question below)
English term or phrase:
free from any equities
Greek translation:
απαλλαγμένες από υποχρεώσεις / απαιτήσεις
Added to glossary by
Alexandros Tsouris
Jul 14, 2023 06:35
11 mos ago
11 viewers *
English term
free from any equities
English to Greek
Law/Patents
Law (general)
Debentures, debenture stock, bonds and other securities may be made assignable free from any equities between the Company and the person to whom the same may be issued.
Μια εξήγηση βρίσκω εδώ https://www.proz.com/kudoz/english-to-russian/law-general/48... .
Απόδοση; δεν είμαι σίγουρος αν το equity εδώ αναφέρεται σε ισότητα, κυριότητα ή κεφάλαιο;
Μια εξήγηση βρίσκω εδώ https://www.proz.com/kudoz/english-to-russian/law-general/48... .
Απόδοση; δεν είμαι σίγουρος αν το equity εδώ αναφέρεται σε ισότητα, κυριότητα ή κεφάλαιο;
Proposed translations
(Greek)
4 +1 | απαλλαγμένες από υποχρεώσεις / απαιτήσεις | Nick Lingris |
Proposed translations
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απαλλαγμένες από υποχρεώσεις / απαιτήσεις
The main components of the balance sheet are the enterprise’s assets or financial resources and the equities or claims against those resources. Assets represent […]
Equities are either external claims against the enterprise’s resources (i.e., liabilities), or they represent the “residual” interests of the firm’s owners, called stockholders’ or owners’ equity. Liabilities are probable future sacrifices of economic resources because of the enterprise’s present obligations to transfer resources or provide services to external claimants in the future as a result of past transactions or events. Examples are accounts payable, taxes, and bonds payable.
Accountant’s Handbook σ. 22
https://www.google.co.uk/books/edition/_/Lwh3klHAe2gC?hl=en&...
........................................
“Equities” refers to any claims, disputes, or rights that exist between the company and the person to whom the debentures, debenture stock, bonds, or other securities are issued.
By stating that these securities may be made assignable free from any equities, it means that the transfer or assignment of these securities can occur without any unresolved claims or disputes affecting the rights of the new holder. The intention is to ensure a clean transfer of ownership without any lingering legal or financial issues between the company and the new holder of the securities.
Equities are either external claims against the enterprise’s resources (i.e., liabilities), or they represent the “residual” interests of the firm’s owners, called stockholders’ or owners’ equity. Liabilities are probable future sacrifices of economic resources because of the enterprise’s present obligations to transfer resources or provide services to external claimants in the future as a result of past transactions or events. Examples are accounts payable, taxes, and bonds payable.
Accountant’s Handbook σ. 22
https://www.google.co.uk/books/edition/_/Lwh3klHAe2gC?hl=en&...
........................................
“Equities” refers to any claims, disputes, or rights that exist between the company and the person to whom the debentures, debenture stock, bonds, or other securities are issued.
By stating that these securities may be made assignable free from any equities, it means that the transfer or assignment of these securities can occur without any unresolved claims or disputes affecting the rights of the new holder. The intention is to ensure a clean transfer of ownership without any lingering legal or financial issues between the company and the new holder of the securities.
4 KudoZ points awarded for this answer.
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