Glossary entry (derived from question below)
English term or phrase:
parachute payment
Hebrew translation:
תשלום מפצה/תשלום-פיצוי
Added to glossary by
Gad Kohenov
Dec 11, 2011 13:42
12 yrs ago
3 viewers *
English term
parachute payment
English to Hebrew
Law/Patents
Law (general)
בהקשר של תוכנית אופציות, בנוגע להסדרים במקרה של מיזוג איחוד או מכירת חברה
For purposes of determining “net compensation” under this paragraph, the amount of compensation considered to be realized by the grantee of any Stock Right as a result of the application of Section 4999 of the Code shall be determined in accordance with the principles set forth in the Treasury Regulations under Section 280G of the Code for determining the amount of any “parachute payment” resulting from the vesting of restricted stock, a stock option or any other unvested stock right in connection with an Acquisition.
For purposes of determining “net compensation” under this paragraph, the amount of compensation considered to be realized by the grantee of any Stock Right as a result of the application of Section 4999 of the Code shall be determined in accordance with the principles set forth in the Treasury Regulations under Section 280G of the Code for determining the amount of any “parachute payment” resulting from the vesting of restricted stock, a stock option or any other unvested stock right in connection with an Acquisition.
Proposed translations
(Hebrew)
| 4 +2 | תשלום מפצה/תשלום-פיצוי |
Gad Kohenov
|
| 4 | מצנח זהב |
ruti assouline
|
| 2 | 1. חבילות של הטבות פרישה "מרככות" ומוסכמות 2. חבילות מצנח |
Aya Deutsch
|
References
| Definition |
Ty Kendall
|
Change log
Dec 25, 2011 09:42: Gad Kohenov Created KOG entry
Proposed translations
+2
11 mins
Gad Kohenov
Israel
Israel
Native in Hebrew
Works in field
Israel
30 years of experience+satisfied clients
Native in: French 
, Hebrew
Works in: English to Hebrew, Hebrew to English, French to Hebrew, and 8 more.
Related KudoZ points
:
192
Selected
תשלום מפצה/תשלום-פיצוי
parachute payment = pagamento compensatório
לפי שאלה באנגלית לספרדית.
המושג קיים גם בליגה האנגלית הראשונה בכדורגל
What is a Parachute Payment?
April 22, 2010
When a club is relegated from the Barclay’s Premier League it loses out on the lucrative TV revenue the league portions out to member clubs each year. That missing TV money represents a large percentage of even the largest club’s revenue, as we saw in the case of Manchester United and Liverpool.
Relegation is not a total loss, however, because clubs taking a trip down to the Championship are compensated through a mechanism known as parachute payments.
Who receives parachute payments?
The three clubs relegated at the end of the season are eligible to receive parachute payments from the Premier League. A club must have been able to fulfill all its fixtures in order to receive the payments.
http://footyfinance.wordpress.com/2010/04/22/what-is-a-parac...
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Note added at 12 mins (2011-12-11 13:54:22 GMT)
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לא נראה שהאקדמיה כבר תרגמה את המושג, לכן צריך להמציא לבד
לפי שאלה באנגלית לספרדית.
המושג קיים גם בליגה האנגלית הראשונה בכדורגל
What is a Parachute Payment?
April 22, 2010
When a club is relegated from the Barclay’s Premier League it loses out on the lucrative TV revenue the league portions out to member clubs each year. That missing TV money represents a large percentage of even the largest club’s revenue, as we saw in the case of Manchester United and Liverpool.
Relegation is not a total loss, however, because clubs taking a trip down to the Championship are compensated through a mechanism known as parachute payments.
Who receives parachute payments?
The three clubs relegated at the end of the season are eligible to receive parachute payments from the Premier League. A club must have been able to fulfill all its fixtures in order to receive the payments.
http://footyfinance.wordpress.com/2010/04/22/what-is-a-parac...
--------------------------------------------------
Note added at 12 mins (2011-12-11 13:54:22 GMT)
--------------------------------------------------
לא נראה שהאקדמיה כבר תרגמה את המושג, לכן צריך להמציא לבד
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
35 mins
1. חבילות של הטבות פרישה "מרככות" ומוסכמות 2. חבילות מצנח
Parachute= Negotiated severance package.
התוספת של מרככות באה לייצג את אפקט המצנח.
Definition of “Parachute Payment”
Under the Income Tax Regulations, parachute payments include all compensatory payments or benefits that would not
have been paid if no change in control had occurred. This standard is deemed to be met unless it is “substantially certain”
that the payments would have been made even in the absence of a change in control. Parachute payments also include all
payments and benefits that accelerate as a result of a change in control, but in this case only the increase in present value
counts as a parachute payment. (In other words, if the payment would have been made anyhow sooner or later, only the
increase in present value counts.
2. חבילות מצנח
מאחר והמונח golden parachute תורגם ל"מצנח זהב" ואף אושר על ידי האקדמיה
התוספת של מרככות באה לייצג את אפקט המצנח.
Definition of “Parachute Payment”
Under the Income Tax Regulations, parachute payments include all compensatory payments or benefits that would not
have been paid if no change in control had occurred. This standard is deemed to be met unless it is “substantially certain”
that the payments would have been made even in the absence of a change in control. Parachute payments also include all
payments and benefits that accelerate as a result of a change in control, but in this case only the increase in present value
counts as a parachute payment. (In other words, if the payment would have been made anyhow sooner or later, only the
increase in present value counts.
2. חבילות מצנח
מאחר והמונח golden parachute תורגם ל"מצנח זהב" ואף אושר על ידי האקדמיה
Reference:
15 hrs
מצנח זהב
the explanation I found of the term in hebrew corresponds with the meaning of the term in English.
Reference comments
20 mins
Reference:
Definition
"חבילת הטבות ופיצויים הניתנת למנהל בכיר בחברה בזמן הפיטורין"
According to my business dictionary, although it lacks giving a more concise term unfortunately.
According to my business dictionary, although it lacks giving a more concise term unfortunately.
Peer comments on this reference comment:
| agree |
Gad Kohenov
: you remind me of golden parachute = מצנח זהב
14 mins
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Thanks! :-)
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| disagree |
Aya Deutsch
: (golden parachute ) an agreement providing for generous compensation to an executive upon dismissal (as because of a merger) הוא מונח דומה אך לא זהה ל-parachute payment ראה הגדרה בתשובה
1 hr
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I see the difference, but I think the underlying principles are the same. (compensation payout)
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