kapitalnedsettelse

English translation: capital reduction

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:kapitalnedsettelse
English translation:capital reduction
Entered by: dmesnier

03:19 Jul 5, 2012
Norwegian to English translations [PRO]
Bus/Financial - Real Estate / Accounting
Norwegian term or phrase: kapitalnedsettelse
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.
dmesnier
United States
Local time: 20:26
capital reduction
Explanation:
"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...
Selected response from:

rajagopalan sampatkumar
Switzerland
Local time: 02:26
Grading comment
thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
2 +4capital reduction
rajagopalan sampatkumar


  

Answers


23 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +4
capital reduction


Explanation:
"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...

rajagopalan sampatkumar
Switzerland
Local time: 02:26
Native speaker of: English
PRO pts in category: 12
Grading comment
thanks!

Peer comments on this answer (and responses from the answerer)
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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