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ALL UTILE

English translation: in proportion to the percentage of quotas/shares held

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:ALL UTILE
English translation:in proportion to the percentage of quotas/shares held
Entered by: Therese Marshall

07:43 Jan 4, 2011
Italian to English translations [PRO]
Bus/Financial - Business/Commerce (general) / historical records not va
Italian term or phrase: ALL UTILE
Context: ALL UTILE, SALVO CHE I SOCI DECIDANO IN SEDE DI APPROVAZIONE DEL BILANCIO CUI
GLI UTILI SI RIFERISCONO DI DESTINARE A RISERVA IN TUTTO O IN PARTE DETTI
UTILI.

To be honest, I have not completely understood this sentence. Could anyone help me please?
Thanks in advance!
Therese Marshall
Italy
Local time: 07:16
in proportion to the percentage of quotas/shares held
Explanation:
"the remainder to quota/share holders in proportion to the percentage of quotas held, unless"

I think this is probably an srl and not an spa and the conventional translation is quota. However, if it is an Spa then use share and shareholder.

Basically the profits are distributed among the shareholders on the basis of their "right to participate in profits", but you don't say that in English, you say on the basis of "the percentage of shares held". The more shares you have the more profit you get.

http://www.google.com/search?hl=en&safe=off&q="in proportion...
Selected response from:

James (Jim) Davis
Seychelles
Local time: 09:16
Grading comment
Thx!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1in proportion to the percentage of quotas/shares held
James (Jim) Davis
3 +1recorded as profits
simon tanner
4PARTecipazione all'utile = profitparticipation/participation in profit
Constantinos Faridis (X)
4profit shareholding shares
tradu-grace


Discussion entries: 4





  

Answers


33 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
recorded as profits


Explanation:
not sure without the context, i.e. beginning of sentence, but I'm presuming it's saying that any profits should be registered as profits on the balance sheet unless the shareholders decide to transfer them to the reserve. Wait for confirmation from a fin/com expert, though

simon tanner
Italy
Local time: 07:16
Works in field
Native speaker of: English
PRO pts in category: 48

Peer comments on this answer (and responses from the answerer)
agree  ARS54: "...were recorded as profits, allowing the company..." - www.money.ca.msn.com - Alla luce del maggior ctx la trad può effett risultare diversa
31 mins
  -> thanks :)
neutral  James (Jim) Davis: Sorry Simon I really should disagree. 1) you recognise profits you don't register them. 2) Once you have recognised them (in P&l) you can either distribute them or retain them by allocating them to a reserve (the reserve is in the balance sheet).
2 hrs
  -> No problem. Thanks for the clarification. As I said, wait for an expert opinion (yours in this case!).
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
PARTecipazione all'utile = profitparticipation/participation in profit


Explanation:
Title, Employee Participation in Profit and Ownership: A Review of the Issues and Evidence. Publication Type, Report. Year of Publication, 2001 ...
american.coop/node/89

Constantinos Faridis (X)
Greece
Local time: 08:16
Native speaker of: Greek
PRO pts in category: 16
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8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
in proportion to the percentage of quotas/shares held


Explanation:
"the remainder to quota/share holders in proportion to the percentage of quotas held, unless"

I think this is probably an srl and not an spa and the conventional translation is quota. However, if it is an Spa then use share and shareholder.

Basically the profits are distributed among the shareholders on the basis of their "right to participate in profits", but you don't say that in English, you say on the basis of "the percentage of shares held". The more shares you have the more profit you get.

http://www.google.com/search?hl=en&safe=off&q="in proportion...

James (Jim) Davis
Seychelles
Local time: 09:16
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1888
Grading comment
Thx!

Peer comments on this answer (and responses from the answerer)
agree  tradu-grace: Yes Jim. In case it is an srl and not an spa (listed or not)
5 hrs
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
profit shareholding shares


Explanation:
from Codepuppi

translation option:
... as per their profit shareholding shares ...

It is IMHO - hope it may help you

--------------------------------------------------
Note added at 13 hrs (2011-01-04 21:07:16 GMT)
--------------------------------------------------


@Therese

Jim is right. I forgot to point out that my option is valid just for
S.p.A. companies listed or unlisted.
In case it's an s.r.l. Jim's answer is the correct one.

tradu-grace
Italy
Local time: 07:16
Specializes in field
Native speaker of: Native in ItalianItalian, Native in FrenchFrench
PRO pts in category: 60
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