Glossary entry

French term or phrase:

appeler le solde

English translation:

to call the outstanding capital increase

Added to glossary by Stephanie Mitchel
Apr 4, 2016 19:04
8 yrs ago
French term

appeler le solde

French to English Bus/Financial Finance (general) registration document
From a reg doc for a development agency:

"Le 30ₒnovembre 2015, le président de [X] a décidé d’appeler le solde de l’augmentation de capital en une seule fois, soit un montant total de 15ₒM€."

I would think 'call the balance' would be logical, but I'm not finding a lot of support for it. Any help most appreciated.

Proposed translations

1 hr
Selected

to call the outstanding capital increase

outstanding capital = part of the capital that shareholders have not yet paid

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Note added at 1 hr (2016-04-04 20:18:30 GMT)
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http://www.investopedia.com/ask/answers/073015/what-differen...

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Note added at 3 hrs (2016-04-04 22:35:51 GMT)
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No question of invoices. Shareholders committed themselves at the foundation of their firm to provide the funds corresponding to the value of their shares. The called outstanding capital in the TXT is the remainder of the funds shareholders have yet to disburse.
Peer comment(s):

agree philgoddard : Or call the balance. I don't know what Daryo is talking about - you didn't say "outstanding shares". They're calling the outstanding payments.
5 mins
disagree Daryo : shares are NOT invoices - you can't use "outstanding" in that way // it means something else when it's about shares : http://www.investopedia.com/terms/o/outstandingshares.asp
1 hr
The determination of outstanding shares is not what the text above is about.
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4 KudoZ points awarded for this answer. Comment: "Thanks François."
3 hrs

call up/make a call on/ the balance

Just to reiterate F- Boye's point: it's making a call on the balance of partly-paid or unpaid company shares issued on account of the capital increase.
Example sentence:

The unpaid amount is requested by the company sending a 'call' notice.

Note from asker:
Thanks Adrian, this was helpful as well.
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