Glossary entry

Italian term or phrase:

Accollo debito v/ soci

English translation:

(amounts) due to shareholders [or parent]

Added to glossary by DCypher (X)
Mar 3, 2006 14:34
18 yrs ago
4 viewers *
Italian term

Accollo debito v/ soci

Italian to English Bus/Financial Finance (general) balance sheet
TIA
Proposed translations (English)
4 (amounts) due to shareholders (parent)

Proposed translations

2 hrs
Selected

(amounts) due to shareholders (parent)

I don't have my master glossary in front...so, I admit I am going from memory.

This is talking about debts or amount due to shareholders. Typically, for a wholly owned subsidiary in a consolidated structure, we mean "amounts due to parent".
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4 KudoZ points awarded for this answer. Comment: "Thanks Paul, your help was invaluable!"
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