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English translation: contendable/contestable (both widely used in this context)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:contendibile (in this context)
English translation:contendable/contestable (both widely used in this context)
Entered by: DCypher (X)

17:46 Feb 27, 2007
Italian to English translations [PRO]
Bus/Financial - Investment / Securities
Italian term or phrase: contendibile (in this context)
"...al fine di considerare la differenza esistente tra il valore delle azioni di una società a controllo difficilmente contendibile (società cooperativa) e il valore delle azioni di una società a controllo contendibile (società per azioni)."
DCypher (X)
Local time: 13:58
contendible
Explanation:
It is in European legislation and relates to the ease with which a company or co-operative can be controlled. In a co-operative you may have one vote per shareholder regardless of how many shares held. Not very "contendible", or easy to gain control of it. Therefore a lower fair value in an industry where mergers are at a premium.

http://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=desk...
Selected response from:

James (Jim) Davis
Seychelles
Local time: 15:58
Grading comment
thx.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1contendible
James (Jim) Davis
3contestable
Adele Oliveri


Discussion entries: 1





  

Answers


6 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
contestable


Explanation:
generally used with reference to markets (i.e. contestable markets). see: http://en.wikipedia.org/wiki/Contestable_market. i am not 100% sure you can talk about a contestable firm, though.

Adele Oliveri
Italy
Local time: 13:58
Specializes in field
Native speaker of: Native in ItalianItalian
PRO pts in category: 8
Notes to answerer
Asker: no. in fact it relates to the difference in voting rights of a cooperative vs. an Spa.

Asker: In fact, contestable is also widely used in Europeand and US literature in relation to voting rights/control issues...thanks for your input.

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13 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
contendible


Explanation:
It is in European legislation and relates to the ease with which a company or co-operative can be controlled. In a co-operative you may have one vote per shareholder regardless of how many shares held. Not very "contendible", or easy to gain control of it. Therefore a lower fair value in an industry where mergers are at a premium.

http://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=desk...

James (Jim) Davis
Seychelles
Local time: 15:58
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 80
Grading comment
thx.

Peer comments on this answer (and responses from the answerer)
agree  quiffy
13 hrs
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