lösa upp

English translation: release (provision)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:lösa upp
English translation:release (provision)
Entered by: stephen mewes

06:58 Jul 4, 2006
Swedish to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Swedish term or phrase: lösa upp
Standarden skall följas i och med att avsättningen löstes upp i sin helhet i början av 2005 och jämförelsesiffror behövs för 2004.
stephen mewes
United Kingdom
Local time: 10:36
release (provision)
Explanation:
cf. Reserven aufösen in German.

Gullberg's many entries for upplösa still do not cover this case.



Selected response from:

Adrian MM. (X)
Local time: 11:36
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4exercised/redeemed
Johansson
4remove, reverse the provision
Larry Abramson
4release (provision)
Adrian MM. (X)


  

Answers


35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
exercised/redeemed


Explanation:
According to FARs either term can be used - completely exercised OR completely redeemed.

Johansson
Local time: 11:36
Works in field
Native speaker of: English
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
remove, reverse the provision


Explanation:
The key here is the word avsättning, which means provision (funds set aside). A provision is a part of a company's income set aside to cover various expected risks and losses. When the loss either materializes or is no longer expected to materialize, the provision is ended, removed or reversed.

Larry Abramson
United States
Local time: 05:36
Works in field
Native speaker of: English
PRO pts in category: 55
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5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
lösa upp (avsättning)
release (provision)


Explanation:
cf. Reserven aufösen in German.

Gullberg's many entries for upplösa still do not cover this case.





Example sentence(s):
  • ... In a separate press release today, VNU announced that it has agreed to a ... and the associated release of provisions for potential tax exposures. ...

    Reference: http://www.vnu.com/press/releases/2006/pa_2006_0308_001.html
Adrian MM. (X)
Local time: 11:36
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 23
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