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derechos de asignación gratuita

English translation: rights of cost-free allocation

11:19 May 17, 2010
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: derechos de asignación gratuita
Hello,
Any suggestions on the above terms from a Shareholders' Agreement? En caso de aumento de capital social con cargo a reservas, la misma regla será de aplicación a los derechos de asignación gratuita de las nuevas acciones... Thanks in advance.
AFerroni
Spain
Local time: 05:54
English translation:rights of cost-free allocation
Explanation:
Property rights allocation will hence matter only in determining distribution.

http://en.wikipedia.org/wiki/Ronald_Coase
Selected response from:

Tatiana Voloshchuk
Spain
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4 KudoZ points were awarded for this answer



Summary of answers provided
5rights of free allocation (of new shares)
argosys
3 +1rights of cost-free allocation
Tatiana Voloshchuk


  

Answers


14 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
rights of cost-free allocation


Explanation:
Property rights allocation will hence matter only in determining distribution.

http://en.wikipedia.org/wiki/Ronald_Coase

Tatiana Voloshchuk
Spain
Specializes in field
Native speaker of: Native in RussianRussian, Native in UkrainianUkrainian
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.
Notes to answerer
Asker: Thanks.


Peer comments on this answer (and responses from the answerer)
agree  amendozachisum: agree
2 hrs
  -> Thank you!
agree  Carolina Brito
3 hrs
  -> Thank you!
disagree  argosys: Nobel laureate cause was an expert on transaction cost economics, not on shares allocation. There are standards terms, I believe, that we have to respect in every special field.
23 days
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22 hrs   confidence: Answerer confidence 5/5
rights of free allocation (of new shares)


Explanation:

Just to get the technical language right. ("... cost-free..." unfortunately does not have a single Google hit).


4. Free allocation rights : TELEFÓNICA's shareholders who appear as such according to the accounting records of the SCLV or its member entities (" entidades adheridas ") at 24:00 on the day of publication at the Official Gazette of the Mercantil Register (" Boletín Oficial del Registro Mercantil " or "BORME") of this announcement (January 27 th , 2003), will enjoy the right of free allocation of the new shares in the proportion of one (1) new share for every fifty (50) held.

In order to maintain the ratio of one (1) new share for every fifty (50) old ones held, the Company has renounced thirty six (36) of the free allocation rights derived from its treasury stock.
http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?Fe...





argosys
Local time: 11:54
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 102
Notes to answerer
Asker: Thanks.

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