Glossary entry (derived from question below)
Danish term or phrase:
erindringsværdi
English translation:
token, residual value written-down to
Added to glossary by
Adrian MM.
Jan 20, 2022 14:21
2 yrs ago
11 viewers *
Danish term
erindringsværdi
Danish to English
Bus/Financial
Investment / Securities
Bankruptcy estate trustee report
Hi - I'd like to know if this should indeed be translated as "commemorative" value which sounds a bit odd and for which I can find no reference connected with stocks, or if there's a special term in this context. It appears as follows in a trustee's report. Thanks so much for your input!
Siden seneste kreditorinformation har kurator fået oplyst, at situationen i forhold til et salg af aktierne i XXXX er således, at XXXX siden ultimo april måned 2019 igen har været taget af børsen, og at aktierne i XXXX dermed ikke længere handles på det åbne marked. XXXX er samtidig blevet repræsenteret ved en ny dansk advokat, hvem kurator har rettet henvendelse til i forhold til et salg af aktierne. Denne henvendelse er imidlertid ikke blevet besvaret. Henset hertil og til kurators tidligere bestræbelser på at få solgt konkursboets aktier i XXXX, vurderer kurator, at aktien i XXXX bør ansættes til en erindringsværdi på kr. 0,00
Siden seneste kreditorinformation har kurator fået oplyst, at situationen i forhold til et salg af aktierne i XXXX er således, at XXXX siden ultimo april måned 2019 igen har været taget af børsen, og at aktierne i XXXX dermed ikke længere handles på det åbne marked. XXXX er samtidig blevet repræsenteret ved en ny dansk advokat, hvem kurator har rettet henvendelse til i forhold til et salg af aktierne. Denne henvendelse er imidlertid ikke blevet besvaret. Henset hertil og til kurators tidligere bestræbelser på at få solgt konkursboets aktier i XXXX, vurderer kurator, at aktien i XXXX bør ansættes til en erindringsværdi på kr. 0,00
Proposed translations
(English)
| 3 -1 | (token, residual) value written down to DKr. 0.00 |
Adrian MM.
|
| 4 +1 | reminder value |
Lene Henriksen
|
| 1 -1 | memo value |
Diarmuid Kennan
|
Change log
Jan 23, 2022 11:58: Adrian MM. Created KOG entry
Proposed translations
-1
1 hr
Adrian MM.
Austria
Austria
Native in English
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
4
Danish term (edited):
erindringsværdi på kr. 0,00
Selected
(token, residual) value written down to DKr. 0.00
erindringsværdi : reminder value, Bailey DAN/ENG comm. , but doesn't ring any bells with me from insolvency practic/se.
Erinnerungswert : resdiual (notional) value, Zahn comm. dict.
BTW, (Corporate) bankruptcy [estate] trustee report might work in the USA. In E&W would be a trustee-in-bankruptcy report for a private individual & an insolvency practitioner's > company liquidator's report.
Erinnerungswert : resdiual (notional) value, Zahn comm. dict.
BTW, (Corporate) bankruptcy [estate] trustee report might work in the USA. In E&W would be a trustee-in-bankruptcy report for a private individual & an insolvency practitioner's > company liquidator's report.
Example sentence:
— were reduced by DKK 1.4 million to a total value of DKK ... written down to DKK 0 are derecognised from the register of non-current assets.
Peer comment(s):
| disagree |
Christopher Schröder
: It’s not a residual value and it hasn’t been written down /// Stop the childish sniping. I do know accounts, but more importantly I know Danish so I know this question has nothing to do with accounts. You have led the asker down completely the wrong path.
20 hrs
|
|
You obviously are unfamiliar with accounting and it doesn't help to bring sentimental value to an heir from probate & succession into the equation. Again, it is downright unprofessional.
|
4 KudoZ points awarded for this answer.
Comment: "Thanks for your help!"
-1
32 mins
Diarmuid Kennan
Ireland
Ireland
Native in English
Ireland
Reliable and accurate
Native in: English 
Works in: Danish to English, Norwegian to English, Swedish to English
Related KudoZ points
:
4
memo value
+1
1 hr
Lene Henriksen
Denmark
Denmark
Native in Danish
Denmark
Professional Danish Translator
Native in: Danish
Works in: Danish to English, English to Danish, Swedish to Danish, and 1 more.
reminder value
Insolvensret, hvor en post optages i en statusopgørelse til fx kr 0,00.
Example sentence:
The shares have been included at a reminder value of DKK 1.
Reference:
Peer comment(s):
| agree |
Christopher Schröder
: Yes but it will need an explanation as it could otherwise mean anything
20 hrs
|
Discussion
https://books.google.co.uk/books?id=sgkqDwAAQBAJ&pg=PA303&lp...