Glossary entry

Dutch term or phrase:

vermogensrechtelijk

English translation:

an interest of a proprietary nature

Added to glossary by jarry (X)
Mar 25, 2009 13:32
15 yrs ago
10 viewers *
Dutch term

vermogensrechtelijk

Dutch to English Bus/Financial Finance (general)
"Een lid van het directiecomité dat direct of indirect een belang van vermogensrechtelijke aard heeft dat strijdig is met een beslissing....."
Change log

Mar 25, 2009 16:42: jarry (X) Created KOG entry

Mar 29, 2009 15:59: jarry (X) changed "Edited KOG entry" from "<a href="/profile/1291">jarry (X)'s</a> old entry - "vermogensrechtelijk"" to ""an interest of a proprietary nature""

Proposed translations

+4
44 mins
Selected

an interest of a proprietary nature

Black's Law Dictionary<b/>
proprietary interest<u/>: The interest of an owner of property together with all rights appurtenant thereto such as the right to vote shares of stock and right to participate in managing if the person has a proprietary interest in the shares.

I believe that 'equity'and 'financial interest' are to specific in relation to the Dutch.

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Note added at 46 mins (2009-03-25 14:18:48 GMT)
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Sory, it wasn't my intention to have all this text in bold and underlined. Must have got my code wrong somehow.
Peer comment(s):

agree Keswick : Agree!
13 mins
Thank you
agree writeaway : that's what's in Keizer
1 hr
Thanks. I had no idea
agree Buck
1 hr
Thanks
agree Kitty Brussaard
1 hr
Thanks Kitty
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4 KudoZ points awarded for this answer.
8 mins

in the equity/share capital (of the company)

This is the position where an offier of the company may have a conflicting interest with the company itself, due to a personal shareholding in the company's capital. In such circumstances, the officer normally declines to take part in the decision or discussions leading to it, although some articles of association specifically allow such an officer to be involved in decisions.
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14 mins
Dutch term (edited): een vermogensrechtelijk belang

a financial interest

Cf. these two paralell EU texts:
NL: "De Commissie merkt om te beginnen op dat verzoekster geen aanspraak kan maken op een vermogensrechtelijk belang bestaande in een „recht op subsidie”..."
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:...

EN: "The Commission observes that the applicant cannot claim to have a financial interest consisting of a ‘right to a grant’..."
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:...
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