desembolsadas en un 25%
English translation: 25% paid in
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| 10:36 Feb 25, 2011 |
| Spanish to English translations [PRO] Bus/Financial - Business/Commerce (general) / Legal/Business | |||||||
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|  Selected response from: Rebecca Jowers Spain Local time: 13:46 | ||||||
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| 5 +2 | 25% paid in |
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| 4 +1 | paid up to 25% |
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| Discussion entries: 2 | |
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Answers
12 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1| "desembolsadas en un 25%" paid up to 25% Explanation: http://www.expatsinspain.org/corporate-law/bankruptcy-insolv... "The capital must be fully subscribed and paid up to at least a quarter of the nominal value of each share." Similar questions have been asked before. You might find the answers helpful: http://www.proz.com/kudoz/spanish_to_english/bus_financial/4... http://www.proz.com/kudoz/spanish_to_english/law_general/395... |
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2 hrs confidence: peer agreement (net): +2
peer agreement (net): +2| "desembolsadas en un 25%" 25% paid in Explanation: When shares have been "25% desembolsadas" they are properly said to have been "25% paid IN". "Paid UP" has the meaning of "fully (or) 100% paid" ("100% paid up"). This difference between "paid in" capital and "paid up" capital is underscored in the definitions found in Investopedia (shown below) where it is underscored that "paid UP" should only be used when the shares have been "paid in full" ("100% desembolsadas" rather than "25% desembolsadas"): What Does Paid In Capital Mean?--The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares themselves. What Does Paid-Up Capital Mean?--The total amount of shareholder capital that has been paid in full by shareholders. Unfortunately, the English translations of the estatutos, annual reports, etc. of dozens of Spanish companies fail to make this distinction between "paid IN" and "paid UP." Source: http://www.investopedia.com/terms/p/paidupcapital.asp -------------------------------------------------- Note added at 4 hrs (2011-02-25 14:45:14 GMT) -------------------------------------------------- I think the difference between "paid IN" and "paid UP" would apply equally in any circumstances, and not only to the purchase of shares. In that regard the Oxford Advanced Lerner's Dictionary of Current English (OUP, 1974) gives this definition of "to pay up": "to pay in full what is owing. Example: If you don't pay up (i.e., pay in full), I'll take you to court." -------------------------------------------------- Note added at 8 hrs (2011-02-25 18:46:52 GMT) -------------------------------------------------- (please note typo above: should read "Learner's") |
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