Glossary entry

Italian term or phrase:

tramite conversione di finanziamenti onerosi dei soci in versamenti a fondo perd

English translation:

through the conversion of shareholder liabilities into non-recoverable credits

Added to glossary by Don Green
Apr 8, 2005 09:11
19 yrs ago
4 viewers *
Italian term

tramite conversione di finanziamento onerosi dei soci in versamenti a fondo perd

Italian to English Bus/Financial Finance (general) Balance statement
I gather this to mean that repayable financing by shareholders is converted into non-recoverable credit. Am I right? I need a good way to word this.
Thanks for any tips.

Proposed translations

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through the conversion of shareholder liabilities into non-recoverable credits

this is how I'd translate it. I'd also check to see whether the finanziamenti in question pay interest, and if so would use 'shareholder loans' or 'interest-bearing shareholder liabilities', both of which are more precise than just liabilities.
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