fondo rischi per passivita future

English translation: provision for future liabilities

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:fondo rischi per passivita future
English translation:provision for future liabilities
Entered by: Rod Nelson

23:04 Jan 29, 2009
Italian to English translations [PRO]
Bus/Financial - Investment / Securities
Italian term or phrase: fondo rischi per passivita future
Is this merely 'fund/provision for future liabilities?'

This is the sentence, referring to where to record a debt in the balance sheet:

"... oppure veniva inserito, magari tra gli impegni futuri, quando invece l'operazione doveva essere messa nei debiti o nei fondi rischi per passivita future."

Any ideas would be great. Thanks!
claudiocambon
United States
Local time: 07:11
provision for future liabilities
Explanation:
Yes, that's it.
Lots of Google support.
Selected response from:

Rod Nelson
Canada
Local time: 07:11
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2provisions for liabilities and charges
James (Jim) Davis
5 +1provision for future liabilities
Rod Nelson


  

Answers


12 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
provision for future liabilities


Explanation:
Yes, that's it.
Lots of Google support.

Rod Nelson
Canada
Local time: 07:11
Native speaker of: English
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Ann Pollak
7 hrs
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
provisions for liabilities and charges


Explanation:
As an alternative this is the caption generally used on financial statements


http://www.o2.com/investor/glossary.asp

Provisions for liabilities and charges
Amounts set aside for liabilities that are not yet certain.

Provision for liabilities and charges
When accounts are being prepared and an amount needs to be set aside for liabilities which are known to exist, but which cannot be measured accurately, the amount set aside is called a provision.


    Reference: http://www.google.com/search?hl=en&q=%22provisions+for+liabi...
James (Jim) Davis
Seychelles
Local time: 18:11
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 80

Peer comments on this answer (and responses from the answerer)
agree  Peter Cox: "future" unnecessary
35 mins

agree  Rossella Mainardis
5 hrs
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