Glossary entry (derived from question below)
Italiano term or phrase:
stato passivo esecutivo
Inglese translation:
Statement of Enforceable Liabilities
Added to glossary by
Joanna M Cas (X)
May 3, 2016 08:18
8 yrs ago
18 viewers *
Italiano term
stato passivo esecutivo
Da Italiano a Inglese
Affari/Finanza
Contabilità/Amministrazione
insolvency
In the passivo patrimoniale side of the balance sheet of a business in extraordinary administration. Comprises debts owed to staff, trade debts and borrowings plus others. I know that there's a stage at which the 'giudice rende esecutivo lo stato passivo' which makes me think it's 'debts to be paid' or similar. The terms can be found readily in Italian but I can't find a clear explanation of what it means.
Proposed translations
(Inglese)
| 3 | Statement of Enforceable Liabilities & Judgment Debts: (BrE: approx) Final Statement of Affairs. |
Adrian MM. (X)
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Proposed translations
1 ora
Selected
Statement of Enforceable Liabilities & Judgment Debts: (BrE: approx) Final Statement of Affairs.
Statement of Affairs is an insolvency/bankruptcy bal. sheet of assets & liabilities, so (super = pre-)preferential debts & claims, is nowt to do with celebrity footballers'/soccer-players', poilticians' and film stars' pecadilloes and flings.
Surely, rende esecutivo is sthg. to do with making the liabilities enforceable and judgment
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Note added at 21 hrs (2016-05-04 06:00:49 GMT)
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...and judgment-stage absolute.
Surely, rende esecutivo is sthg. to do with making the liabilities enforceable and judgment
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Note added at 21 hrs (2016-05-04 06:00:49 GMT)
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...and judgment-stage absolute.
Example sentence:
Rule 2.32 of the Insolvency Rules 1986 - Expenses of statement of affairs.
2 KudoZ points awarded for this answer.
Comment: "nb statement of affairs includes assets, so a bit different from this doc. tx for your help!"
Discussion
So once it is "esecutivo" then those liabilities are considered rightful and therefore enforceable.