Glossary entry

Norwegian term or phrase:

kapitalnedsettelse

English translation:

capital reduction

Added to glossary by dmesnier
Jul 5, 2012 03:19
11 yrs ago
1 viewer *
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.
Proposed translations (English)
2 +4 capital reduction

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...
Peer comment(s):

agree Christopher Schröder
4 hrs
Thanks, Chris S.
agree eodd : or reduction in capital according to Kunnskapsforlaget dictionary
4 hrs
Thanks, eodd.
agree Richard Green
5 hrs
Thanks, Richard Green.
agree Charlesp : looks right (in this context)
8 hrs
Thanks, Charlesp.
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4 KudoZ points awarded for this answer. Comment: "thanks!"
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