Apr 14, 2007 09:41
17 yrs ago
2 viewers *
English term
Bulgaria
Your bilingual wordsmith
Native in: Bulgarian 
, English (Variant: UK)
Works in: English to Bulgarian, Bulgarian to English, English, and 1 more.
"Equity" versus "Capital" and "Stock," but very strictly in British English
English
Bus/Financial
Finance (general)
share capital; equity
The document concerns a public offering of securities (shares) by a company which is about to go public.
I can find more-than-plentiful definintions of these terms on the web and in dictionaries, yet these dfinitions are not mutually linked and often seem to conflict with one another. Thus, it seems "stock" is a purely US English term for what in Britain seems to be called "equity" (in fact, the merest idea of "stock" is thoroughly absent in British financial usage). "Capital," too, seems more of a US term, with "equity" seemingly replacing it in British English.
The document (BG-EN, though for this question I definitely prefer a discussion in English so as to prevent cultural leanings influencing the outcome) is easy-peesy, yet the trichotomy of possible translations for BG "kapital" (et cetera...) is driving me up the wall and I am mindful of committing unwitting solecisms. The client insists on impeccable British English usage in the translation.
I can find more-than-plentiful definintions of these terms on the web and in dictionaries, yet these dfinitions are not mutually linked and often seem to conflict with one another. Thus, it seems "stock" is a purely US English term for what in Britain seems to be called "equity" (in fact, the merest idea of "stock" is thoroughly absent in British financial usage). "Capital," too, seems more of a US term, with "equity" seemingly replacing it in British English.
The document (BG-EN, though for this question I definitely prefer a discussion in English so as to prevent cultural leanings influencing the outcome) is easy-peesy, yet the trichotomy of possible translations for BG "kapital" (et cetera...) is driving me up the wall and I am mindful of committing unwitting solecisms. The client insists on impeccable British English usage in the translation.
Change log
Apr 14, 2007 09:41: changed "Kudoz queue" from "In queue" to "Public"
Discussion
Generally, US usage equates 'capital' with financial capital. 'Debt capital' is not an oxymoron. The strong association of 'capital' with equity is European, not American.