storting in speciën

English translation: cash contribution

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:storting in speciën
English translation:cash contribution
Entered by: Adrian MM. (X)

14:28 Jun 21, 2016
Dutch to English translations [PRO]
Bus/Financial - Finance (general) / Articles of Association
Dutch term or phrase: storting in speciën
Please help to translate: Deze kapitaalsverhoging werd volledig afbetaald door een storting in speciën.
Paramonol
Ukraine
Local time: 14:23
cash contribution
Explanation:
not in bullion (for a prospective armed robbery) and as opposed to a non-cash contribution or contribution-in-kind.

in speciën = en en espèces in FR, so I wonder if this is Belgium....

IATE's EU glossary website:

LAW [COM] Full entry
NL

gereed geld

contant geld

baar geld,specie

EN

cash

Deze kapitaalsverhoging werd volledig afbetaald door een storting in speciën > This capital increase is paid(-) up in full by a cash contribution

Quaere: if this will be accompanied by a capitalis/zation issue e.g. of bonus shares issued, automatically as consideration (a quid pro quo) so in return, to the cash payer.
Selected response from:

Adrian MM. (X)
Local time: 13:23
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1cash contribution
Adrian MM. (X)


Discussion entries: 2





  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
cash contribution


Explanation:
not in bullion (for a prospective armed robbery) and as opposed to a non-cash contribution or contribution-in-kind.

in speciën = en en espèces in FR, so I wonder if this is Belgium....

IATE's EU glossary website:

LAW [COM] Full entry
NL

gereed geld

contant geld

baar geld,specie

EN

cash

Deze kapitaalsverhoging werd volledig afbetaald door een storting in speciën > This capital increase is paid(-) up in full by a cash contribution

Quaere: if this will be accompanied by a capitalis/zation issue e.g. of bonus shares issued, automatically as consideration (a quid pro quo) so in return, to the cash payer.



    Reference: http://www.proz.com/kudoz/dutch_to_english/law_general/12038...
    Reference: http://www.proz.com/kudoz/french_to_english/finance_general/...
Adrian MM. (X)
Local time: 13:23
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  writeaway: if the text is in Russia, then it's probably Belgian
2 hrs
  -> Thanks - an intriguing link between Belgium & Russia.
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