kontant

English translation: in cash

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:kontant
English translation:in cash
Entered by: SafeTex

12:50 Feb 28, 2018
Swedish to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Swedish term or phrase: kontant
Hello

in the sentence:

Köpeskillingen för aktierna uppgår till 1 MSEK ***kontant*** och 24 798 stycken aktier i XXX AB

I'm not sure about kontant as it is not "in cash" or anything similar

Is it the ***face** value of the shares (quoted in a currency)?

Thanks
SafeTex
France
Local time: 03:55
in cash
Explanation:
The payment is in two parts: one million SEK in cash (bank transfer or whatever) plus 24,798 shares in XXX AB. So the payment is partly in cash, partly in kind.
Selected response from:

Agneta Pallinder
United Kingdom
Local time: 02:55
Grading comment
tks
3 KudoZ points were awarded for this answer



Summary of answers provided
5 +3cash
Sven Petersson
4 +1in cash
Agneta Pallinder


Discussion entries: 6





  

Answers


31 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
cash


Explanation:
As in "in cash and stock"; see https://www.fungglobalretailtech.com/news/cvs-health-acquire...

Sven Petersson
Sweden
Local time: 03:55
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 350

Peer comments on this answer (and responses from the answerer)
agree  Agneta Pallinder: And there we go again - Sven beat me to the finishing line.
3 mins
  -> Thank you very much!

agree  Christopher Schröder
2 hrs
  -> Thank you very much!

agree  Michael Ellis:
20 hrs
  -> Thank you very much!
Login to enter a peer comment (or grade)

35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
in cash


Explanation:
The payment is in two parts: one million SEK in cash (bank transfer or whatever) plus 24,798 shares in XXX AB. So the payment is partly in cash, partly in kind.

Agneta Pallinder
United Kingdom
Local time: 02:55
Specializes in field
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 42
Grading comment
tks

Peer comments on this answer (and responses from the answerer)
agree  George Hopkins: True, but I consider 'in cash' to be explicit...
46 mins
  -> Thanks George, but Sven was first, by four whole minutes!
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