Glossary entry

Spanish term or phrase:

desembolsos exigidos por terceros sobre participaciones

English translation:

calls on shares made by third parties (e.g. creditors & liquidators)

Added to glossary by David Hasting
Feb 21, 2009 18:15
15 yrs ago
11 viewers *
Spanish term

desembolsos exigidos por terceros sobre participaciones

Spanish to English Bus/Financial Accounting Financial liabilities
This comes in the valuation rules section of a company's financial statements. "Los desembolsos exigidos por terceros sobre participaciones se podrán valorar por su valor nominal".

Proposed translations

+2
1 hr
Selected

calls on shares made by third parties (e.g. creditors & liquidators)

We ought to consider what third party, if not the company, can make a call on company shares. It is possible a debenture-holder, receiver, administrator or liquidator can.

Call on shares: a time-hono(u)red Eng. company law term in every standard textbook, including London University's erstwhile Jewel-in-the-Crown of yesteryear: Topham & Ivamy.


Example sentence:

Share Scheme Manual - SSM6.35. Company calls on shares ... The amount outstanding on the notional loan is reduced as the company makes calls on the shares. ...

Peer comment(s):

agree RichardDeegan : Glad somebody understands what's really going on
32 mins
Thx Richard. I take it from your comments that calls on shares/paying up such/ also exist in the US/Can. Some of the answers above made me wonder...
agree Sgallomuniz : Coincido. Saludos, Silvia
5 hrs
Gracias lindamente para la coincidencia listissima.
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4 KudoZ points awarded for this answer. Comment: "Thanks, this sounds what I was looking for."
+2
3 mins

disbursements required by third parties regarding interest

can be assessed ...

Tom West. Spanish-English Dictionary of Law and Business.

Mike :)
Peer comment(s):

agree MikeGarcia : Also "stakes" or "holdings".
2 mins
Thank you, Miguel - I like "holdings" in additionto "interest" or "economic interest" - Mike :)
agree Ivan Nieves
5 hrs
Thank you, Ivan - Mike :)
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11 mins

payments due to minority interests

on their investment
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34 mins

payments required by third parties for shares

participaciones are shares, participations, units, etc... but generally speaking, at least in the U.S., you're safe if you call them shares...

desembolsos refer to shares subscribed but not paid in... when there's a capital call they must be "desembolsado" - paid in... (or paid up)...
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