Glossary entry

French term or phrase:

clause de retour à meilleure fortune

English translation:

"better fortunes" clause

Added to glossary by ggrozoma
Jul 23, 2004 06:29
19 yrs ago
9 viewers *
French term

clause de retour à meilleure fortune

French to English Bus/Financial Finance (general)
finance
Proposed translations (English)
4 +4 "better fortunes" clause
3 -1 earn-out clause

Proposed translations

+4
1 hr
French term (edited): clause de retour ΰ meilleure fortune
Selected

"better fortunes" clause

http://europa.eu.int/comm/competition/publications/ra9503en_...
Crédit Lyonnais will also be required to contribute to the costs of the hive-off through
a "better fortunes" clause.

http://europa.eu.int/eur-lex/pri/en/oj/dat/1999/c_288/c_2881...
where appropriate, grant of repayable loans or insertion of a «better fortunes” clause to secure reimbursement
of the aid;


http://www.the-financier.com/finance/letcv1n4.pdf
These figures are calculated before taking into account proceeds from privatization and a better fortunes clause that is part of the aid structure.
Peer comment(s):

agree CarolynB
1 hr
Thanks, Caroly.
agree Vicky Papaprodromou
3 hrs
Thanks, Vicky.
agree Elena Petelos
7 hrs
Thanks, Elena.
agree KirstyMacC (X)
1 day 1 hr
Thanks, Counsel.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you, ggrozoma. And thanks for the speediness of your answer."
-1
3 days 2 hrs

earn-out clause

'The purchase price is based on a liquidity saving earn-out clause. ... Here too, the purchase price is based on an earn-out clause. ...'

'Exemple. La clause de earn-out détermine le moment auquel le solde
sera réglé et les critères qui déclencheront ce versement. Il ...'
Peer comment(s):

disagree Peter Shortall : The clause means that a struggling debtor company will pay its debt to a creditor as and when its fortunes improve. This is not the same thing as earn-out.
5020 days
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