Hi, Another translation puzzle to make. I'm having the following text:
"Company returns capital, and the *short* stock holder must make a compensatory payment for the returned capital. This reduces the cost basis (less negative, towards 0.00 value) without affecting # units. A distribution previously recorded as a compensatory dividend is reclassified to compensatory return of capital, often due to end-of-year tax information"
I think I get what it says (I'm not a business finance guy). My question is specific to the "*and the short stock holder*" part. What relevance is "*short*" in this story? Wouldn't it be the same for a "long stock holder" ? Can I remove "short" from the original text?
Regards, Koos _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
