Glossary entry (derived from question below)
Norwegian term or phrase:
kapitalnedsettelse
English translation:
capital reduction
Added to glossary by
dmesnier
Jul 5, 2012 03:19
11 yrs ago
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Norwegian term
kapitalnedsettelse
Norwegian to English
Bus/Financial
Real Estate
Accounting
In the following sentence. I am not sure if I should use capital write-off. Thanks for your help!
Det er i 2011 gjennomført en kapitalnedsettelse i selskapet XX AS (70,98 %) som tilførte selskapet MNOK 10.
Det er i 2011 gjennomført en kapitalnedsettelse i selskapet XX AS (70,98 %) som tilførte selskapet MNOK 10.
Proposed translations
(English)
2 +4 | capital reduction | rajagopalan sampatkumar |
Proposed translations
+4
23 mins
Selected
capital reduction
"The process of decreasing a company's shareholder equity through share cancellations and share repurchases. The reduction of capital is done by companies for numerous reasons including increasing shareholder value and producing a more efficient capital structure."
http://wiki.answers.com/Q/What_is_capital_reduction#ixzz1ziS...
http://wiki.answers.com/Q/What_is_capital_reduction#ixzz1ziS...
4 KudoZ points awarded for this answer.
Comment: "thanks!"
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