GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:12 Feb 9, 2004 |
German to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Alarch Gwyn Local time: 13:24 | ||||||
Grading comment
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assets in the insolvency Explanation: http://www.proz.com/?sp=k_h&disc=4&pair=deu_eng&eid_s=29499 Reference: http://www.proz.com/?sp=k_h&disc=4&pair=deu_eng&eid_s=29499 |
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debtor's assets under supervision Explanation: ...in administration (in the UK, I believe) Mr. Barrister, please confirm -------------------------------------------------- Note added at 2004-02-09 12:11:57 (GMT) -------------------------------------------------- or ...under court supervision |
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assets in insolvency Explanation: ohne "the" |
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are not available for distribution to the creditors Explanation: This is presumably because the assets in the fund are protected as a proprietary interest, i.e. held on trust for the investors. Creditors who have personal contractual claims against the company could not claim the assets in the fund because they are the property of the investors. In a personal bankruptcy this is known as the bankrupt's estate. |
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insolvency assets Explanation: Since there is a term for German "Konkursmasse" -> bankruptcy assets (ref: LEO) I would choose the simliar term for the case of insolvency. |
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It should not be entered into the glossary like this. Explanation: The translation was of "darf nicht der Insolvenzmasse zugeschlagen werden." |
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