free from any equities

Greek translation: απαλλαγμένες από υποχρεώσεις / απαιτήσεις

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:free from any equities
Greek translation:απαλλαγμένες από υποχρεώσεις / απαιτήσεις
Entered by: Alexandros Tsouris

06:35 Jul 14, 2023
English to Greek translations [PRO]
Law/Patents - Law (general)
English term or phrase: free from any equities
Debentures, debenture stock, bonds and other securities may be made assignable free from any equities between the Company and the person to whom the same may be issued.

Μια εξήγηση βρίσκω εδώ https://www.proz.com/kudoz/english-to-russian/law-general/48... .
Απόδοση; δεν είμαι σίγουρος αν το equity εδώ αναφέρεται σε ισότητα, κυριότητα ή κεφάλαιο;
Alexandros Tsouris
Greece
Local time: 16:27
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.
Selected response from:

Nick Lingris
United Kingdom
Local time: 14:27
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1απαλλαγμένες από υποχρεώσεις / απαιτήσεις
Nick Lingris


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
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.


Nick Lingris
United Kingdom
Local time: 14:27
Native speaker of: Native in GreekGreek
PRO pts in category: 444

Peer comments on this answer (and responses from the answerer)
agree  Vasileios Paraskevas
56 mins
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