Glossary entry

Italian term or phrase:

contendibile (in this context)

English translation:

contendable/contestable (both widely used in this context)

Added to glossary by DCypher (X)
Feb 27, 2007 17:46
17 yrs ago
4 viewers *
Italian term

contendibile (in this context)

Italian to English Bus/Financial Investment / Securities
"...al fine di considerare la differenza esistente tra il valore delle azioni di una società a controllo difficilmente contendibile (società cooperativa) e il valore delle azioni di una società a controllo contendibile (società per azioni)."
Proposed translations (English)
5 +1 contendible
3 contestable

Discussion

DCypher (X) (asker) Mar 1, 2007:
note the more common spelling has been added to glossary

Proposed translations

+1
13 mins
Selected

contendible

It is in European legislation and relates to the ease with which a company or co-operative can be controlled. In a co-operative you may have one vote per shareholder regardless of how many shares held. Not very "contendible", or easy to gain control of it. Therefore a lower fair value in an industry where mergers are at a premium.

http://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=desk...
Peer comment(s):

agree quiffy
13 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx. "
6 mins

contestable

generally used with reference to markets (i.e. contestable markets). see: http://en.wikipedia.org/wiki/Contestable_market. i am not 100% sure you can talk about a contestable firm, though.
Note from asker:
no. in fact it relates to the difference in voting rights of a cooperative vs. an Spa.
In fact, contestable is also widely used in Europeand and US literature in relation to voting rights/control issues...thanks for your input.
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