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Conges terminology question
232 months ago
Gina W
asked this question:
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Language pair: |
French > English |
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Subject: |
Law / Certificates |
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Level of diffculty: |
Easy / medium |
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Word or term in question: |
par incorporation de |
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Context: |
parts sociales émises au pair |
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Keywords: |
bulletin de souscription |
This question has already been answered and rated. Therefore, no new answers can be given.
Complete list of answers and comments
231 months ago
Prabir Mudaliar
wrote:
by adjustment of
My comment:
I think this refers to the practice in corporate and housing finance by which banks reserve the right to redeem pledged shares at par (that is, at original cost) by adjusting outstandings against any kind of funds available in borrowers' accounts. They resort to this step if they anticipate a serious default or any other trouble which may endanger their stake. (The "offset" principle).
I am not too sure about this, but I'm offering this idea in the hope it may be of some help.
The asker rated this answer best
232 months ago
Prabir Mudaliar
wrote:
for the incorporation of
232 months ago
Prabir Mudaliar
wrote:
through the incorporation of liquid fallen due debts
232 months ago
www.buero-garisch.de
wrote:
incorporating
232 months ago
Isabel Ruivo
wrote:
by incorporating
232 months ago
Isabel Ruivo
wrote:
through the incorporation of
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