in actief en passief

English translation: assets and liabilities

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Flemish term or phrase:in actief en passief
English translation:assets and liabilities
Entered by: Veerle Gabriels

05:58 Jun 22, 2005
Flemish to English translations [PRO]
Law/Patents - Law: Contract(s) / deed of partition
Flemish term or phrase: in actief en passief
"Deze overeenkomst geldt tevens als dading ter beëindiging van tussen partijen gerezen geschillen en ter vermijden van mogelijke andere twistpunten tussen hen.
Met name zijn tussen partijen geschillen gerezen betreffende:
...
- de waard van het XYZ fonds - ABC zaak en de rechten van partijen desbetreffend in actief en passief
..."

What type of rights are specifically being referred to here?
Robert Kleemaier
Canada
Local time: 04:04
assets and liabilities
Explanation:
rights resulting from each party's assets and liabilities
Selected response from:

Veerle Gabriels
Belgium
Local time: 12:04
Grading comment
Thx, Veerle.
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +1assets and liabilities
Veerle Gabriels


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
assets and liabilities


Explanation:
rights resulting from each party's assets and liabilities

Veerle Gabriels
Belgium
Local time: 12:04
Specializes in field
Native speaker of: Dutch
PRO pts in category: 7
Grading comment
Thx, Veerle.

Peer comments on this answer (and responses from the answerer)
agree  Pierre Grabowski (X): BTW, the rights are not specified...
3 hrs
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