Glossary entry (derived from question below)
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 | ggrozoma |
3 -1 | earn-out clause | KirstyMacC (X) |
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.
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.
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 ...'
'Exemple. La clause de earn-out détermine le moment auquel le solde
sera réglé et les critères qui déclencheront ce versement. Il ...'
Reference:
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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