Jun 20, 2012 17:02
12 yrs ago
6 viewers *
English term
Egypt
My Passion: Legal Language
Native in: Arabic 
Works in: Arabic to English, English to Arabic, English
Going-concern Capital vs. Gone-concern Capital
English
Bus/Financial
Economics
Dear Colleagues,
I am trying to translate the two adjectives: "going-concern" and "gone-concern" into Arabic, but couldn't because simply I don't understand the meaning.
I would highly appreciate it if you could kindly explain the meaning in simple words or just rephrase it for me.
The context goes as follows:
Tier 1 capital is “going concern” capital, whereas Tier 2 capital is “gone concern” capital
Thanks for your help in advance
I am trying to translate the two adjectives: "going-concern" and "gone-concern" into Arabic, but couldn't because simply I don't understand the meaning.
I would highly appreciate it if you could kindly explain the meaning in simple words or just rephrase it for me.
The context goes as follows:
Tier 1 capital is “going concern” capital, whereas Tier 2 capital is “gone concern” capital
Thanks for your help in advance
References
| going vs. gone |
lorenab23
|
Responses
+1
8 mins
Martin Riordan
Brazil
Brazil
Native in English
&
English
Specializes in field
Brazil
Brazilian lawyer - 40+ years in Brazil
Native in: English (Variants: British, UK, Irish, US, Australian, Canadian, New Zealand, Scottish) , Portuguese (Variants: Brazilian, Mozambican, Angolan, European/Portugal) 
Works in: Portuguese to English, English to Portuguese, English, and 1 more.
Related KudoZ points
:
15
Selected
capital for an ongoing business or for a business in extinction
You will find a good explanation at the link below.
"The capital proposals draw a distinction between Tier 1 Capital, which is referred to in parenthetical references as “going-concern capital”, and Tier 2 Capital, which is referred to in parenthetical references as “gone-concern capital” – that is, capital that acts as support for depositors in receivership, bankruptcy or liquidation but has less of a role in preserving the bank as a going concern."
"The capital proposals draw a distinction between Tier 1 Capital, which is referred to in parenthetical references as “going-concern capital”, and Tier 2 Capital, which is referred to in parenthetical references as “gone-concern capital” – that is, capital that acts as support for depositors in receivership, bankruptcy or liquidation but has less of a role in preserving the bank as a going concern."
Note from asker:
| Thanks so much for your valuable help |
4 KudoZ points awarded for this answer.
Comment: "Thanks so much "
Reference comments
11 mins
Reference:
going vs. gone
going concern
Definition
Currently operating business that is expected to continue to function as such and remain viable in the foreseeable future.
Read more: http://www.businessdictionary.com/definition/going-concern.h...
gone concern
Definition
Defunct firm or one in the process of being wound up. Debts of such firms become due immediately in full, their market value is determined on the basis of auction or liquidation value of their tangible assets, and their goodwillcounts for nothing.
Read more: http://www.businessdictionary.com/definition/gone-concern.ht...
Definition
Currently operating business that is expected to continue to function as such and remain viable in the foreseeable future.
Read more: http://www.businessdictionary.com/definition/going-concern.h...
gone concern
Definition
Defunct firm or one in the process of being wound up. Debts of such firms become due immediately in full, their market value is determined on the basis of auction or liquidation value of their tangible assets, and their goodwillcounts for nothing.
Read more: http://www.businessdictionary.com/definition/gone-concern.ht...
Note from asker:
| Thanks million times. I do appreciate your help.. |
Discussion