patrimony
English translation: founding assets, initial capital
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
|---|---|---|---|---|---|---|
|
| 20:13 Jul 1, 2005 |
| English language (monolingual) [PRO] Bus/Financial - Accounting | |||||||
|---|---|---|---|---|---|---|---|
|
| ||||||
|  Selected response from: Nick Lingris United Kingdom Local time: 09:37 | ||||||
Grading comment
| |||||||
| SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
|---|---|---|---|---|
| 5 +1 | founding assets, initial capital |
| ||
| 4 +1 | endowment, inheritance |
| ||
| 5 | Endowment (fund): the capital that provides income for an institution |
| ||
| 3 +1 | inheritance |
| ||
| 3 | Webster says |
|
Answers
7 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1inheritance Explanation: What a person inherits from his parents; could be cash, house, land, a company, etc. But not (necessarily) in an accounting sense, although I suppose it could come up in accounting. Wha |
| |
| Login to enter a peer comment (or grade) | ||
9 mins confidence: peer agreement (net): +1
peer agreement (net): +1endowment, inheritance Explanation: English Dictionary Computer Dictionary Thesaurus Dream Dictionary Medical Dictionary Search Dictionary: Meaning of PATRIMONY Pronunciation: 'patru`mownee WordNet Dictionary Definition: [n] an inheritance coming by right of birth (especially by primogeniture) [n] a church endowment Sponsored Links: Synonyms: birthright See Also: endowment, endowment fund, heritage, inheritance |
| |
| Login to enter a peer comment (or grade) | ||
15 mins confidence:
Endowment (fund): the capital that provides income for an institution Explanation: Noun 1. patrimony - a church endowment endowment fund, endowment - the capital that provides income for an institution 2. patrimony - an inheritance coming by right of birth (especially by primogeniture) birthright inheritance, heritage - that which is inherited; a title or property or estate that passes by law to the heir on the death of the owner www.thefreedictionary.com/patrimony |
| |
| Login to enter a peer comment (or grade) | ||
44 mins confidence:
Webster says Explanation: "1 a : an estate inherited from one's father or other ancestor (financially that decision cost him a great share of his patrimony R.J.B.Sellar) b : anything derived from one's father or ancestors : HERITAGE c : an inheritance from the past (man may soon use up his patrimony of oil, and after that his inheritance of coal Leonard Engel) (a most important part of the intellectual patrimony of Italy R.A.Hall b. 1911) 2 a : an estate or property held by ancient right b : an ancient right c : an ancient estate or endowment (as of a church)" -------------------------------------------------- Note added at 45 mins (2005-07-01 20:58:36 GMT) -------------------------------------------------- in so many words, everything that one inherits from his/her family |
| |
| Login to enter a peer comment (or grade) | ||
5 hrs confidence: peer agreement (net): +1
peer agreement (net): +1founding assets, initial capital Explanation: The assets of the company at the time of its foundation. Patrimony is the term often used in countries of eastern Europe. From the Britannica: Business associations have three distinct characteristics: (1) they have more than one member (at least when they are formed); (2) they have assets that are legally distinct from the private assets of the members; and (3) they have a formal system of management, which may or may not include members of the association... The second feature, the possession of distinct assets (or a distinct **patrimony**), is required for two purposes: (1) to delimit the assets to which creditors of the association can resort to satisfy their claims... The initial *patrimony* of the Foundation can be increased... Initial capital or *patrimony*, expressed in legal currency, no less than the equivalent of ten thousand US dollar [http://www.infagar.com/prac_foundation.shtml] Art.24. The *patrimony* represents the initial contribution made to the Association on behalf of founding members. [http://www.arpim.ro/stateng.htm] |
| |
Grading comment
| ||
| Login to enter a peer comment (or grade) | ||
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations