Glossary entry

Portuguese term or phrase:

Reserva de actualizacao monetaria do capital social

English translation:

(BrE) share capital monetary adjustment reserve; (AmE) capital stock restatement reserve

Added to glossary by Adrian MM. (X)
Jan 26, 2015 11:36
9 yrs ago
Portuguese term

Reserva de actualizacao monetaria do capital social

Portuguese to English Bus/Financial Accounting
Appears in the fondos propios section of the balance sheet of an African bank. I'm not sure what this would correspond to for a British bank
Change log

Jan 27, 2015 16:26: Adrian MM. (X) Created KOG entry

Discussion

Vitor Pinteus Jan 27, 2015:
see links 1. ("Share Capital Monetary Update Reserve"): http://www.millenniumangola.ao/SiteCollectionDocuments/all/R...

Proposed translations

8 hrs
Selected

(BrE) share capital monetary adjustment reserve; (AmE) reserve for restatement of the capital stock

The US version is loosely based on the web ref. whilst capital stock would surely be abs. intelligible in the City of London.

I wonder whether this would be a 'kind of' share capital anti-inflationary reserve.

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Note added at 1 day4 hrs (2015-01-27 16:29:27 GMT) Post-grading
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I am taking the liberty of adding Mario's suggestion as the AmE 'alternative' - though, as intimated, that version would be abs. usable in the City of London (where I have indeed worked with company/ corporate lawyers of a reptilian and rodent bent.
Note from asker:
Thanks Adrian I like the two suggestions as I probably have to select the BrE
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4 KudoZ points awarded for this answer. Comment: "I used this so thanks Adrian"
8 hrs

capital stock restatement reserve

Note from asker:
Thankyou Mario it's a good suggestion
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