GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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06:35 Jul 14, 2023 |
English to Greek translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: Nick Lingris United Kingdom Local time: 14:27 | ||||||
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Summary of answers provided | ||||
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4 +1 | απαλλαγμένες από υποχρεώσεις / απαιτήσεις |
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απαλλαγμένες από υποχρεώσεις / απαιτήσεις Explanation: The main components of the balance sheet are the enterprise’s assets or financial resources and the equities or claims against those resources. Assets represent […] Equities are either external claims against the enterprise’s resources (i.e., liabilities), or they represent the “residual” interests of the firm’s owners, called stockholders’ or owners’ equity. Liabilities are probable future sacrifices of economic resources because of the enterprise’s present obligations to transfer resources or provide services to external claimants in the future as a result of past transactions or events. Examples are accounts payable, taxes, and bonds payable. Accountant’s Handbook σ. 22 https://www.google.co.uk/books/edition/_/Lwh3klHAe2gC?hl=en&... ........................................ “Equities” refers to any claims, disputes, or rights that exist between the company and the person to whom the debentures, debenture stock, bonds, or other securities are issued. By stating that these securities may be made assignable free from any equities, it means that the transfer or assignment of these securities can occur without any unresolved claims or disputes affecting the rights of the new holder. The intention is to ensure a clean transfer of ownership without any lingering legal or financial issues between the company and the new holder of the securities. |
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