capital effectif

English translation: effective capital

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:capital effectif
English translation:effective capital
Entered by: rombas (X)

06:13 Jul 27, 2009
French to English translations [PRO]
Bus/Financial - Finance (general) / from co Art. of Ass.
French term or phrase: capital effectif
N.B. I found a related ENG-FR Kudoz question but was unconvinced by the answer.

"Société par actions simplifiée à capital variable
au capital effectif de ________ €"

Thanks!
rombas (X)
North Korea
Local time: 00:46
effective capital
Explanation:
The only relevant references I find are from India, but hey, that's a bona fide part of the English-speaking world. For example:

"Effective Capital means the aggregate of paid-up share capital (excluding share application money or advances against shares) amount, if any, standing to the credit of share premium account, reserves and surplus excluding revaluation reserve, long term loans and deposits repayable after one year (excluding working capital loans, over drafts, interest due on loans unless funded, bank guarantee etc., and other short term arrangements) as reduced by the aggregate of any investments (except in the case of investment by an investment company whose principal business is acquisition of shares, stock, dentures or other securities) accumulated loss and preliminary expenses not written off."

Par contre, "real capital" means something quite different to economists.

"Actual capital" would make some sense, given that this is a variable-capital SAS (i.e., what it has at this moment), and just plain "equity" would also do. But "effective" conveys much the same sense as "actual", and it has the non-negligible benefit of being the cognate word in English.

Selected response from:

rkillings
United States
Local time: 08:46
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2equity capital
Sandra & Kenneth Grossman
4 +1effective capital
rkillings
4real assets
Olga Leshchenko
3real capital
Daniel Weston
Summary of reference entries provided
IATE
writeaway

Discussion entries: 1





  

Answers


21 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
equity capital


Explanation:
capital effectif » désigne l’ensemble
a) du capital-actions,
b) du surplus réalisé,
c) du surplus versé,
d) des autres comptes de surplus ou de déficit,
e) des prêts des actionnaires subordonnés à toutes les autres sommes dues, et
f) des comptes de capital du propriétaire ou des associés, moins les sommes qui, de l’avis du ministre, gonflent indûment la valeur nette du capital effectif du requérant; (equity)
http://tinyurl.com/nmlkno

http://www.mijnwoordenboek.nl/EN/theme/FI/EN/FR/E/6



Sandra & Kenneth Grossman
Israel
Local time: 18:46
Works in field
Native speaker of: Native in EnglishEnglish, Native in RomanianRomanian
PRO pts in category: 93
Notes to answerer
Asker: thanks


Peer comments on this answer (and responses from the answerer)
agree  cmwilliams (X)
4 hrs
  -> Thanks!

agree  Anne-Marie Grant (X)
6 hrs
  -> Thanks!
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49 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
effective capital


Explanation:
The only relevant references I find are from India, but hey, that's a bona fide part of the English-speaking world. For example:

"Effective Capital means the aggregate of paid-up share capital (excluding share application money or advances against shares) amount, if any, standing to the credit of share premium account, reserves and surplus excluding revaluation reserve, long term loans and deposits repayable after one year (excluding working capital loans, over drafts, interest due on loans unless funded, bank guarantee etc., and other short term arrangements) as reduced by the aggregate of any investments (except in the case of investment by an investment company whose principal business is acquisition of shares, stock, dentures or other securities) accumulated loss and preliminary expenses not written off."

Par contre, "real capital" means something quite different to economists.

"Actual capital" would make some sense, given that this is a variable-capital SAS (i.e., what it has at this moment), and just plain "equity" would also do. But "effective" conveys much the same sense as "actual", and it has the non-negligible benefit of being the cognate word in English.




    Reference: http://www.hamara.in/portals/space/.../src/.../remunerationo...
rkillings
United States
Local time: 08:46
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1140
Grading comment
thanks

Peer comments on this answer (and responses from the answerer)
agree  Nektaria Notaridou
16 days
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10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
real capital


Explanation:
I think this is it

--------------------------------------------------
Note added at 54 mins (2009-07-27 07:08:13 GMT)
--------------------------------------------------

Real capital
1. Assets used to produce goods. Farm land is a major example of real capital: the farmer uses this asset to produce commodities, which he then sells to make a profit. See also: Financial capital.

2. Wealth that can be expressed in monetary terms. Major examples include the funds in savings accounts, as well as the value of real estate. Real capital is part of the calculation of an individual's or company's net worth.

http://financial-dictionary.thefreedictionary.com/Real capit...

Daniel Weston
United States
Local time: 08:46
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
Notes to answerer
Asker: thank you, Daniel

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55 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
real assets


Explanation:
finance

Olga Leshchenko
Mauritius
Local time: 19:46
Native speaker of: Russian
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Reference comments


33 mins
Reference: IATE

Reference information:
EMPLOYMENT AND WORKING CONDITIONS, Preparation for market [COM] Full entry
FR

capital effectif

EN

equity capital

writeaway
Native speaker of: Native in EnglishEnglish
PRO pts in category: 15
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