Glossary entry (derived from question below)
French term or phrase:
admise au passif
English translation:
included as a debt {on the co.'s statement of affairs}
Added to glossary by
Rebecca Elliott
Dec 4, 2008 10:26
15 yrs ago
7 viewers *
French term
United Kingdom
admise au passif
French to English
Law/Patents
Accounting
I'm unsure as to the meaning of "admise au passif". I translated "produit au passif d'XXX pour X Euros" as "lodged a claim against XXX for X Euros" earlier, but I'm not sure. Does it have something to do with inclusion in the liabilities of the company?
La créance de la Recette Principales des douanes de XXX, dont il n’est pas discuté qu’elle a été admise au passif de la société XXX, a été contestée et le juge-commissaire de la liquidation judiciaire...a admis la créance pour X Euros.
Thank you
La créance de la Recette Principales des douanes de XXX, dont il n’est pas discuté qu’elle a été admise au passif de la société XXX, a été contestée et le juge-commissaire de la liquidation judiciaire...a admis la créance pour X Euros.
Thank you
Proposed translations
(English)
| 4 | included as a debt {on the co.'s statement of affairs} |
Adrian MM. (X)
|
| 5 | entered as a liability |
Karen Vincent-Jones (X)
|
Proposed translations
1 day 12 hrs
Selected
included as a debt {on the co.'s statement of affairs}
If it's down in statement of affairs (corp. insolvency balance sheet), then it's provable (produire) and will be acceptable to an E&W Bankruptcy Judge = Registrar.
Produit au passif: proved as a debt of. ... cf. lodging or submission of a proof of debt.
Produire a: prove in...
Produit au passif: proved as a debt of. ... cf. lodging or submission of a proof of debt.
Produire a: prove in...
Example sentence:
Statement of Affairs and Assets Insolvency. ... Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names, ...
If not, explain to the person that lodging a proof of debt form is no longer necessary in each case. Inform them of the availability of the forms from the ...
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Comment: "Both answers were helpful, thank you. I would have split the points if I could."
29 mins
entered as a liability
I am prettty sure this is the term
Example sentence:
The sale is entered as a liability for the seller and an asset for the buyer, a bank or other financial institution.
Reference:
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