pääomaehtoinen laina

03:24 Mar 30, 2010
Finnish to English translations [PRO]
Bus/Financial - Accounting
Finnish term or phrase: pääomaehtoinen laina
This refers to a loan for r&d projects. Literally would be capital conditional loan, but the Swedish version of the same is just capital loan.
paul hacker
United States
Local time: 13:41


Summary of answers provided
3 +1subordinated loan
Spencer Allman


Discussion entries: 4





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
subordinated loan


Explanation:
see http://www.valtiokonttori.fi/Public/default.aspx?nodeid=1834...

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Note added at 6 hrs (2010-03-30 09:30:22 GMT)
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I think it is already taken account of in the term but I am not sure

Spencer Allman
United Kingdom
Local time: 17:41
Native speaker of: Native in EnglishEnglish
Notes to answerer
Asker: But it seems that pääoma laina is translated as subordinated loan (see Wikipedia and the Finnish link). But what about the ehtoinen part of it?

Asker: I called up the Finnish Treasury and although the woman I spoke to didn't seem to be fluent in English, she agreed that capital loan is probably the best translation. I also checked the Treasury website, and found the following two language versions, which leads me to believe that the ehtoinen portion can be dropped: Delivering the financial statement information of capital loan Each year of the loan period, the recipient of a capital R&D loan must submit the following to the State Treasury: profit and loss account, balance sheet, audit report, and a declaration by an Authorized Public Accountant or Certified HTM-Auditor as to whether interest on the capital loan can be paid or a repayment instalment made Pääomalainojen tilinpäätöstietojen toimittaminen Pääomaehtoisen tuotekehityslainansaajan tulee vuosittain toimittaa Valtiokonttorille tuloslaskelma ja tase, tilintarkastuskertomus, yhtiökokouksen pöytäkirja sekä KHT/HTM –tasoisen tilintarkastajan allekirjoittama ilmoitus siitä, voidaanko pääomalainalle maksaa korkoa tai lyhentää pääomaa.


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