Glossary entry

español term or phrase:

dividendo pasivo

inglés translation:

passive dividend

Added to glossary by Joan Chastain
Jun 6, 2003 19:42
21 yrs ago
22 viewers *
español term

dividendo pasivo

español al inglés Negocios/Finanzas estatutos
El Artículo 9º de los Estatutos Sociales regula el régimen de los dividendos pasivos, previendo que el accionista deberá proceder al desembolso en la forma y en el momento que determine el Órgano de Administración, quien deberá acordar el pago en metálico de la parte de capital no desembolsado en el plazo máximo de cinco años desde el acuerdo de aumento de capital, siendo dicho plazo de un año para el caso de que se trate de aportaciones no dinerarias.

Proposed translations

+2
7 minutos
Selected

passive dividend

should be able to correctly classify the factors that determine dividend equivalence and plan their stock redemptions so as to avoid passive dividend treatment ...
Peer comment(s):

agree Gordana Podvezanec
1 minuto
agree Edwal Rospigliosi
33 minutos
Something went wrong...
4 KudoZ points awarded for this answer.
+1
3 minutos

call for subscribed capital

+

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Note added at 2003-06-06 19:48:48 (GMT)
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Taken from West\'s Legal and Business Dictionary
Peer comment(s):

agree Katherine Matles : This is it! I asked the same question some time back.
2 horas
Something went wrong...
+1
2 horas

Michael is right

Michael is right. This is in support of his answer
I asked this question before...

My question was:

desembolsos de dividendos pasivos de las acciones integrantes
Translation
payments in response to a share capital call for the shares comprising

The context:

No se han producido acontecimientos posteriores al cierre del ejercicio dignos de mención, salvo la solicitud, por parte del Consejo de Administración a los siete accionistas de la sociedad, con fecha 22.1.03 y 12.2.03, respectivamente, de diversos desembolsos de dividendos pasivos de las acciones integrantes de la mencionada ampliación de capital social, que ha quedado íntegramente desembolsada en virtud de la última solicitud, por lo que el capital social ha quedado fijado en X.X00.000 Euros, totalmente desembolsados.

Asker: Katherine Matles
Feb 28



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Answer (chosen by Asker)
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Answerer: Marian Greenfield
Feb 28

Answer: payments in response to a share capital call for the shares comprising

Explanation:
such [or the aforementioned] capital increase

dividendos pasivo = call to pay in shares subscribed

References:
20 years in the business - most of it managing translation service for an investment bank



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Asker feedback
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Grade: 4
Comments:
You're right as always! I already turned it in but more or less I think I had the idea...This is what I put:

No noteworthy events have occurred subsequent to year-end, except for the capital calls made by the Board of Directors to seven shareholders on January 22, 2003 and February 12, 2003, in connection with the aforementioned capital increase. The capital increase was fully paid in after the second capital call and, therefore, capital stock was fully paid in and stood at XXXXXXXXXX.
Peer comment(s):

agree Maria Luisa Duarte : good!
14 minutos
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