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Glossary entry

Dutch term or phrase:

vereffeningsvoet (op dezelfde - gebracht)

English translation:

liquidation parity / equal settlement basis / footing

Added to glossary by jarry (X)
Oct 22, 2007 16:30
16 yrs ago
Dutch term

vereffeningsvoet (op dezelfde - gebracht)

Dutch to English Bus/Financial Finance (general) Memorandum of association
context (akte oprichting - artikel ivm ontbinding van de vennootschap):

Na de vereffening van het maatschappelijk passief, zal het batig saldo tussen de vennoten verdeeld worden volgens het aantal aandelen in hun bezit, nadat deze gebeurlijk op dezelfde vereffeningsvoet zullen gebracht zijn.

thanks for any help!
Proposed translations (English)
3 +2 liquidation parity / equal settlement basis / footing
4 revalued commensurately
Change log

Oct 23, 2007 16:43: jarry (X) changed "Edited KOG entry" from "<a href="/profile/117439">Ilke Fabritius's</a> old entry - "vereffeningsvoet (op dezelfde - gebracht)"" to ""liquidation parity / equal settlement basis / footing""

Discussion

Ilke Fabritius (asker) Oct 24, 2007:
OK. Thanks for the feedback.
Albert Stufkens Oct 23, 2007:
Your choice implies this, and you may be unaware of it. It would make sense if the total shareholding is reduced to the net value of the company to be liquidated.
Albert Stufkens Oct 23, 2007:
Your choice implies this, and you may be unaware of it. It would make sense if the total shareholding is reduced to the net value of the company to be liquidated.
Albert Stufkens Oct 23, 2007:
Your choice implies this, and you may be unaware of it. It would make sense if the total shareholding is reduced to the net value of the company to be liquidated.
Ilke Fabritius (asker) Oct 23, 2007:
Forgive me if I'm missing something here, but who said they meant the same?
Albert Stufkens Oct 23, 2007:
Since when does 'liquidation parity' mean the same as 'residual value of the shares? (parity means 'equal to the level of ....'). This is beyond my comprehension.
Albert Stufkens Oct 22, 2007:
In my opinion the subject matter should be in the category of law. Not finance.

Proposed translations

+2
24 mins
Selected

liquidation parity / equal settlement basis / footing

... after they [i.e. the shares) have eventually been reduced to liquidation parity.
Peer comment(s):
agree Buck
24 mins
Thank you
agree Dave Calderhead
10 hrs
Thanks Dave
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks a lot!"
3 hrs
Dutch term (edited): op dezelfde vereffeningsvoet gebracht

revalued commensurately

The value of the shares is commensurate to the net positive balance.
Example sentence:

After the company's liabilities will have been liquidated, the net balance will be distributed according to the partners' individual shareholding after such has been revalued commensurately.

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