Glossary entry

German term or phrase:

auf den Nennwert abgestellt

English translation:

based on their face value

Added to glossary by Steffen Walter
Apr 15, 2003 07:27
21 yrs ago
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German term

auf den Nennwert abstellen

German to English Bus/Financial Accounting Geschäftsbericht
Aus wirtschaftlicher Sicht, bedingt durch das Verbot der unter pari Emission in Deutschland, wurde bei der Bewertung der Anteile auf den Nennwert abgestellt.
Change log

Jul 17, 2008 11:14: Steffen Walter changed "Field (specific)" from "(none)" to "Accounting"

Jul 17, 2008 11:14: Steffen Walter changed "Edited KOG entry" from "<a href="/profile/19767">Daniela Schlöder's</a> old entry - "auf den Nennwert abstellen"" to ""based on their face value""

Proposed translations

+1
15 mins
Selected

based on their face value

... the valuation of the shares was based on their face value/nominal value

issue at par:
Securities issued at the nominal or face value, i.e. without agio or disagio (premium or discount). In the case of an above par issue the price is higher than the nominal value and in the case of a below par issue it is lower.
Peer comment(s):

agree Steffen Walter
10 mins
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4 KudoZ points awarded for this answer. Comment: "Danke!"
10 mins

the nominal value (was applied)

is my suggestion

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Note added at 2003-04-15 07:38:41 (GMT)
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probably better: \"the par value\" (if we\'re talking shares)
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+1
11 mins

adjusted to their nominal value

That is, after the corresponding valuation of shares, these were probably brought back to their nominal value.

Wörterbuch für Recht, Wirtschaft und Politik (Dietl/Lorenz - Verlag C.H. Beck)

V
Peer comment(s):

agree Edmee Vitzthum (X)
31 mins
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