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  3. Business/Commerce (general)

am Vermögen beteiligt

English translation: have a share (stake) in the company\'s assets

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:am Vermögen beteiligt
English translation:have a share (stake) in the company\'s assets
Entered by: Kim Metzger

14:59 May 3, 2010
German to English translations [PRO]
Bus/Financial - Business/Commerce (general)
German term or phrase: am Vermögen beteiligt
From a partnership agreement of a Holding GmbH.
The personally liable partner does not "hold a stake" in the Partnership's assets and profit and loss ...?

Die persönlich haftende Gesellschafterin ist am Vermögen sowie an dem Gewinn und Verlust der Gesellschaft nicht beteiligt. Sie erhält eine jährlich Haftungsvergütung in Höhe von mindestens 1% ihres Stammkapitals.
Kim Metzger
Mexico
Local time: 21:47
have a share (stake) in the company's assets
Explanation:
... shall not have (a claim to) a share in the company's assets and earnings

... shall not be entitled to a share in the company's ....

I think you are on the right track. Googling will get you several hits for all of these variants.
Selected response from:

Jutta Scherer
Germany
Local time: 05:47
Grading comment
Thanks Jutta, Rosa and everyone else.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +4have a share (stake) in the company's assets
Jutta Scherer
4share of assets, profit or loss
Rosa Paredes
Summary of reference entries provided
stake
British Diana

  

Answers


12 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
have a share (stake) in the company's assets


Explanation:
... shall not have (a claim to) a share in the company's assets and earnings

... shall not be entitled to a share in the company's ....

I think you are on the right track. Googling will get you several hits for all of these variants.

Jutta Scherer
Germany
Local time: 05:47
Specializes in field
Native speaker of: German
PRO pts in category: 15
Grading comment
Thanks Jutta, Rosa and everyone else.

Peer comments on this answer (and responses from the answerer)
agree  British Diana: and "stake" has an interesting etymology...
22 mins
  -> thanks! :-)
agree  Rolf Keiser
28 mins
  -> thank you!
agree  philgoddard
7 hrs
  -> thanks, Phil
agree  Reinhold Wehrmann
19 hrs
  -> danke, Reinhold
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8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
share of assets, profit or loss


Explanation:
3) In musharakah all the partners share the loss to the extent of the ratio of ... (4) The liability of the partners in musharakah is normally unlimited. ... Therefore, he is not entitled to claim his share in the assets themselves, ... They can share the profit in equal proportions, and they can also allocate ...
www.kantakji.com/fiqh/Files/Finance/Mudarbah.htm -
Equity method investments must be classified as non-current assets. [IAS 28.38]; The investor's share of the profit or loss of equity method investments, ...
www.iasplus.com/standard/ias28.htm - Cached - Similar

Rosa Paredes
Canada
Local time: 23:47
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 4
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Reference comments


33 mins peer agreement (net): +1
Reference: stake

Reference information:
stake business & money definition:

An ownership interest that one company acquires in another that represents less than 100 percent ownership. A company takes a stake in another company in order to obtain the rights to a product or territory that will strategically help it. Companies are willing to sell stakes in themselves for a cash infusion or to partner with a larger competitor and thus improve their relative standing in the market. Often, stakes are popular ways to expand overseas and give both companies an opportunity to work together before considering whether a merger would be appropriate. However, just because a company takes a stake in another one doesn’t mean that a merger will be the next step.

Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

stake
An ownership position in a business. For example, Warren Buffett's Berkshire Hathaway has acquired a substantial stake in many businesses.

The American Heritage® Dictionary of Business Terms Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publi

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Note added at 34 mins (2010-05-03 15:34:19 GMT)
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http://www.yourdictionary.com/business/stake

British Diana
Germany
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 10

Peer comments on this reference comment (and responses from the reference poster)
agree  Helen Shiner: To have a stake in a company (is it necessary to list profit, loss, etc. Isn't that implied?)
9 hrs
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