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23:44 Feb 3, 2008 |
German to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: Kim Metzger Mexico Local time: 14:25 | ||||||
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3 +2 | paid-up |
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paid-up Explanation: http://www.proz.com/kudoz/1918376 A possible alternative is the use of partly paid shares, which will give the employee an interest in the company. Like options, this can avoid a substantial initial financial commitment. For example, the current market value of the shares in the company is £1 per share, but, for whatever reason, it is not practical for the employee to subscribe this amount. Instead, he subscribes for shares at £1, but with only 20p per share paid. The employee would pay the remaining 80 pence per share if the company were a commercial success and the sum due might be settled prior to a sale of the company. http://tax.bkl.co.uk/articles.asp?article=890 |
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