elidere le compensazioni

English translation: eliminate amounts that offset each other

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:elidere le compensazioni
English translation:eliminate amounts that offset each other
Entered by: James (Jim) Davis

08:50 Aug 12, 2016
Italian to English translations [PRO]
Law (general)
Italian term or phrase: elidere le compensazioni
The Judicial Commissioner's Report regarding an insolvent company:

Procedimento di Concordato Preventivo in continuità


section under the title:
Le ipotesi alternative
Per quanto attiene ai dati di bilancio, tutto quello che si può rilevare è che l’iscrizione dei crediti in bilancio, successivamente stralciati nel momento in cui è stata avanzata la proposta concordataria, non è stata fatta secondo un criterio di presumibile realizzo. Va rilevato tuttavia che la svalutazione complessiva del 36%, effettuata con metodo analitico anche per elidere, tra l’altro, le compensazioni, non implica in sé una rinuncia, ma un atteggiamento condivisibile di “sovraprudenza”.

Thanks for any help.
Juliet Halewood (X)
Local time: 18:42
eliminate amounts that offset each other
Explanation:
the overall write-down of 36%, carried out on a case-by-case basis, partly, amongst other things, to eliminate amounts which offset each other.

Basically, what this says is that the bankrupt company reduced the book value of its debts owed to it by 36% partly to eliminate the effect of debts owed to it being offset by amounts owed by it to the same persons/entities.
This of course would actually reduce the write-down.
Selected response from:

James (Jim) Davis
Seychelles
Local time: 20:42
Grading comment
Thanks Jim, and for the explanations - always clear.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1eliminate amounts that offset each other
James (Jim) Davis
4to elide
Ellen Kraus
4to net off offsets
Giovanni Pizzati (X)
2wipe or cancel out the set-offs
Adrian MM. (X)
Summary of reference entries provided
elidere
Shera Lyn Parpia

  

Answers


52 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
wipe or cancel out the set-offs


Explanation:
... of crediti = claims or proofs of debt against each other.

The legal doctrine in EN is called set-off and not offset.

Example sentence(s):
  • Financial institutions and credit [Council] Full entry IT elidere posizioni strettamente bilanciate EN to net off closely matched item

    Reference: http://www.thefreedictionary.com/set+off
Adrian MM. (X)
Local time: 18:42
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 769
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59 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
to elide


Explanation:
is frequently used in the field of law (see the free English dictionary)

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Note added at 1 Stunde (2016-08-12 09:55:55 GMT)
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sorry, I meant the legal dictionary Farlex which offers the following synonyms: elide
verb abate, abolish, annul, cancel, countermand, declare null and void, delete, discard, dismiss, dispel, dissolve, end, eradicate, extinguish, extirpate, invalidate, leave out, nullify, obliterate, omit, overrule, overturn, putan end to, quell, quench, repeal, repress, rescind, reverse, stop, subdue, suppress, terminate, vacate, withdraw

Ellen Kraus
Austria
Local time: 18:42
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 147
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
to net off offsets


Explanation:
.

Giovanni Pizzati (X)
Italy
Local time: 18:42
Works in field
Native speaker of: Native in ItalianItalian
PRO pts in category: 257
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
eliminate amounts that offset each other


Explanation:
the overall write-down of 36%, carried out on a case-by-case basis, partly, amongst other things, to eliminate amounts which offset each other.

Basically, what this says is that the bankrupt company reduced the book value of its debts owed to it by 36% partly to eliminate the effect of debts owed to it being offset by amounts owed by it to the same persons/entities.
This of course would actually reduce the write-down.

James (Jim) Davis
Seychelles
Local time: 20:42
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1667
Grading comment
Thanks Jim, and for the explanations - always clear.

Peer comments on this answer (and responses from the answerer)
agree  Peter Cox
13 hrs
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Reference comments


11 mins peer agreement (net): +1
Reference: elidere

Reference information:
http://dizionari.corriere.it/dizionario_italiano/E/elidere.s...
1 Annullare, eliminare qlco.

Shera Lyn Parpia
Italy
Native speaker of: Native in EnglishEnglish
PRO pts in category: 144

Peer comments on this reference comment (and responses from the reference poster)
agree  writeaway
1 hr
  -> Thanks :)
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