Glossary entry

Portuguese term or phrase:

complementação

English translation:

additional

Added to glossary by Martin Riordan
May 24, 2011 20:50
13 yrs ago
11 viewers *
Portuguese term

complementação

Portuguese to English Bus/Financial Business/Commerce (general) Minutes of a meeting regarding distribution of profits etc.
Agenda item: Determinar a complementação e distribuição de dividendos “Lucros do Exercicio 2009” pela sociedade;

This is an agenda item in a meeting of a limited company, where they decide how to divide up the profits/dividends. Not sure what 'complementação' would be in this context - is it some kind of additional dividend?

In the end, they agreed to "aprovar a complementação e distribuição aos sócios na proporção de sua participação no capital social da sociedade...."
Proposed translations (English)
4 +2 additional
Change log

May 29, 2011 21:39: Martin Riordan Created KOG entry

Discussion

Martin Riordan May 24, 2011:
Profit sharing... Profit is shared through distribution of dividends. That is the mechanism by which profit is given to the shareholders. So, in that sense, dividends are profit sharing.
Jennifer Byers (asker) May 24, 2011:
Dang! You're fast! I've just come across 'additional equity' as a possible translation, but will see what the group comes up with. Profit sharing makes sense though. Thanks.
Douglas Bissell May 24, 2011:
I am not putting as an answer becasuse I am not sure without more details but I believe they are talking about profit sharing over and above the official dividend

Proposed translations

+2
47 mins
Selected

additional

"Decide on additional dividends and dividend distribution"

Some companies have in their bylaws a statutary dividend which they are obliged to pay to shareholders. But often the General Shareholders' Meeting can decide to distribute a further amount of profits as "additional dividends". I believe this is what the term refers to.
Peer comment(s):

agree Gilmar Fernandes : Sure. http://www.ehow.com/how-does_5135387_dividends-paid-out.html
22 mins
Thanks!
agree Claudio Mazotti
1 hr
Thank you!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Martin, and the others, for confirmation."
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