Glossary entry

Croatian term or phrase:

društvo kapitala

English translation:

(for-profit) corporation

Added to glossary by PoveyTrans (X)
Dec 23, 2006 15:56
17 yrs ago
17 viewers *
Croatian term

društvo kapitala

Croatian to English Law/Patents Law: Contract(s)
Taken from property contract regarding foundation of company.

The ENglish capital company doesn't mean anything so was wondering what the proper equivalent is...


2.1. Osnivači iz uvoda ovoga ugovora saglasili su se da osnuju društvo kapitala u obliku društva sa ograničenom odgovornošću u skladu sa crnogorskim propisima -Zakonom o privrednim društvima, Zakonom o stranim ulaganjima i drugim važećim crnogorskim propisima.

Proposed translations

6 hrs
Selected

for-profit corporation

This is exactly what a "društvo kapitala" is, as opposed to a "sole proprietorship" or a "partnership" as well as to a "not-for-profit corporation".

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Note added at 7 hrs (2006-12-23 23:06:35 GMT)
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A "društvo kapitala" is a "preduzeće", and since corporations can also be not-for-profit, preserving this distiction might be a good idea.

Alternatively, you can call it a "business corporation" (to avoid the word "profit") or, simply, "corporation".

"Investors and entrepreneurs often form joint stock companies and incorporate them to facilitate a business; as this form of business is now extremely prevalent, the term corporation is often used to refer specifically to such business corporations. Corporations may also be formed for local government (municipal corporation), policial, religious, and charitable purposes (not-for-profit corporation), or government programs (government-owned corporation)." (Wikipedia)

Whatever you call it, it is important to indicate that it's a business ("for-profit") and that it's not a sole proprietorship or partnership.
Note from asker:
Thanks - for some reason, the term 'for profits organisation/company/corporation' is ringing some bells as distinct from a non-profit organisation
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks - I went for this in the end. thanks everyone else."
13 mins

profit-making company

iz rijecnika Vukicevica
Note from asker:
Thanks - wouldn't we say a 'for-profits company' as distinct from a non-profit organsation?
Something went wrong...
+1
4 hrs

association of capital

Član 2. nekadašnjeg Zakona o preduzećima SRJ:

(1) Forms of enterprises are as follows: an economic association, a socially owned enterprise and a public enterprise.
(2) An economic association may be formed as an association of individuals or an association of capital (company, corporation).
(3) An association of individuals may be formed as a general partnership or as a limited partnership.
(4) An association of capital (company, corporation) may be formed as a corporation or a limited liability company.

(1) Oblici preduzeća su privredno društvo, društveno preduzeće i javno preduzeće.
(2) Privredno društvo osniva se kao društvo lica ili društvo kapitala (kompanija, korporacija).
(3) Društvo lica osniva se kao ortačko društvo ili komanditno društvo.
(4) Društvo kapitala osniva se kao akcionarsko društvo ili društvo s ograničenom odgovornošću.



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Note added at 4 hrs (2006-12-23 20:43:56 GMT)
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In fact a non-co-operative enterprise might be called an association of capital (or investor-driven business) whereas a co-operative is an association of people (or people-driven business).
http://ec.europa.eu/enterprise/entrepreneurship/coop/social-...
The types of commercial companies recognized in Morocco are:
- Association of persons: limited companies (LTD) limited-partnership company, participation company. These companies are marked by the predominance of the "intuitu personae" factor. The associates are collectively and indefinitely liable for their company's debt.
- Association of capital: limited company (LTD), limited liability company and joint-stock limited-partnership.
http://www.mincom.gov.ma/english/invest/odi/igbook/4/1.html

Note from asker:
Thanks
Peer comment(s):

agree Kornelija Karalic
3 hrs
Something went wrong...
+1
5 hrs

a profit organization

DRUŠTVO KAPITALA - označava oblik organizacije poduzetništva u koji njegovi članovi unose svoj kapital i snose rizik do visine uloženog kapitala.http://www.poslovniforum.hr/tp/rjecnik_pojmova_iz_ekonomije....

...its a business enterprise, a commercial organization, a profit organization, well basically the same as mr. farebrother's proposed...

Gospodarsko društvo se osniva kao društvo osoba i društvo kapitala (kompanija, korporacija).


... I would also consider using this term,


Intersystem Analysis: Organizations
| |
...

Any particular organization may be formed (1) for its own members, to produce things for themselves (a cooperative organization); (2) for its members to produce things for others with compensation (a profit organization); (3) for its members to produce or provide for others without compensation (a service organization); or (4) for its members to improve their bargaining power (a pressure organization).
http://209.85.129.104/search?q=cache:ovlmI95riq8J:www.cuaa.e...




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Note added at 1 day9 hrs (2006-12-25 01:03:09 GMT)
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also, this is what websters says

http://www.websters-online-dictionary.org/translation/Kapita...

Language Expression English Translation
German Kapitalgesellschaft corporation.


and my NeuroTran translator also gives direct trsnlation of the term "drustvo kapitala" as "corporation"...





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Note added at 1 day9 hrs (2006-12-25 01:12:40 GMT)
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i guess pavle was right too

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Note added at 1 day18 hrs (2006-12-25 10:20:45 GMT)
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oh i forgot to mention the NeuroTran says "corporation" is used in law for "drustvo kapitala"

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Note added at 2 days7 hrs (2006-12-25 23:34:52 GMT)
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http://en.wikipedia.org/wiki/Business_organization
... "for-profit organization"...
Note from asker:
Thanks
Peer comment(s):

agree Gordana Smith
4 hrs
Something went wrong...
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