GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
10:59 Dec 17, 2009 |
Italian to English translations [PRO] Bus/Financial - Business/Commerce (general) | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: nisorann Italy Local time: 00:19 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 | straight bankruptcy |
| ||
4 | insolvency due to negligent management or management with undue care |
| ||
4 | reckless bankruptcy |
| ||
4 | involuntary bankruptcy |
|
straight bankruptcy Explanation: as opposed to fraudulent bankruptcy, as per Codeluppi |
| |
Login to enter a peer comment (or grade) |
insolvency due to negligent management or management with undue care Explanation: The other insolvency is "fraudulent or criminal insolvency". please note that legal entities are insolvent while natural perons are bankrupt. Alison |
| |
Login to enter a peer comment (or grade) |
reckless bankruptcy Explanation: An offence against property in which a person in the course of his professional duties,through recklessness,excessive expenditure,hazardous speculation or gross negligence,causes his own insolvency or in the knowledge of his own insolvency prejudices his financial situation after bankrupcy proceedings have been commenced against him or a certificate of unsatisfied claims has been issued in his respect. Reference: http://iate.europa.eu/iatediff/FindTermsByLilId.do?lilId=180... Reference: http://www.websters-dictionary-online.org/definition/english... |
| |
Grading comment
| ||
Login to enter a peer comment (or grade) |
involuntary bankruptcy Explanation: Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization). La bancarotta è un reato connesso con il fallimento; essa può essere semplice (cagionata da imprudenza) o fraudolenta (frode diretta ad aggravare l'insolvenza e a violare le legittime aspettative dei creditori). Il nome deriva proprio dal fatto che, anticamente, ai falliti veniva rotto il banco. Reference: http://en.wikipedia.org/wiki/Bankruptcy |
| |
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.