Glossary entry (derived from question below)
French term or phrase:
amortissement
English translation:
redemption of shares by transfer from reserves and/or profits
Added to glossary by
Jane RM
Feb 25, 2008 21:18
16 yrs ago
18 viewers *
French term
amortissement
French to English
Law/Patents
Business/Commerce (general)
In articles of association for an SAS. "décision en matière d'augmentation, d'amortissement ou de réduction de capital". I have come up against this on various occassions and have never been 100% sure what this is referring to. I know it is possible to redeem shares which then leads to a reduction in share capital - is this what it means and if so what is the correct term in English?
Proposed translations
(English)
| 4 | redemption of shares by transfer from reserves and/or profits |
rkillings
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| 4 | amortization |
Jean-Claude Gouin
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| 3 | decision as regards share redemption |
MatthewLaSon
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Proposed translations
1 hr
Selected
redemption of shares by transfer from reserves and/or profits
or from retained earnings, if you wish. The key point is that authorised share capital is not the same as equity; there are equity accounts that can fund a redemption of 'apports' without a capital increase or capital reduction.
Here are some definitions:
La réduction de capital est la diminution opposable aux créanciers sociaux postérieurs du capital de la société.
L'amortissement de capital est le remboursement total ou partiel des apports par prélèvement sur les réserves ou les bénéfices.
Here are some definitions:
La réduction de capital est la diminution opposable aux créanciers sociaux postérieurs du capital de la société.
L'amortissement de capital est le remboursement total ou partiel des apports par prélèvement sur les réserves ou les bénéfices.
4 KudoZ points awarded for this answer.
Comment: "very helpful - confirmed what I was thinking but I had not managed to find any definitions"
37 mins
decision as regards share redemption
Hello,
amortir = to redeem when relating to shares
In the financial world, it can also mean "to write off", which is probably not the case. Also, it can mean "to pay off debts", but I don't think here.
I hope this helps.
amortir = to redeem when relating to shares
In the financial world, it can also mean "to write off", which is probably not the case. Also, it can mean "to pay off debts", but I don't think here.
I hope this helps.
40 mins
Jean-Claude Gouin
Canada
Canada
Native in French
Canada
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Native in: French 
Works in: French to English, English to French, French, and 1 more.
Related KudoZ points
:
34
amortization
Amortization is the process of decreasing or accounting for an amount over a period of time.
Peer comment(s):
| neutral |
rkillings
: This is not what is going on here.
50 mins
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Thank you for wanting to help sjannarelly ... but I'm not sure if you meant to agree or to disagree ...
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