Results 1 to 8 of 8
    • Member Info
      • Native Language:
      • Japanese
      • Home Country:
      • Japan
      • Current Location:
      • Japan

    • Join Date: Mar 2010
    • Posts: 32
    #1

    agreement

    I don't get this sentence of an agreement.

    "prior to the division of the balance of the profit of the Company between the Shareholders"


    Can you explain this in simple terms?

    • Member Info
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States

    • Join Date: Apr 2009
    • Posts: 12,310
    #2
    It's not a sentence. Quote the entire sentence.

    • Member Info
      • Native Language:
      • Japanese
      • Home Country:
      • Japan
      • Current Location:
      • Japan

    • Join Date: Mar 2010
    • Posts: 32
    #3
    Quote Originally Posted by SoothingDave View Post
    It's not a sentence. Quote the entire sentence.
    Can you please help me with this?

    "The Principal's remuneration shall be paid, prior to the division of the balance of the profit of the Company between the Shareholders."

    • Member Info
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States

    • Join Date: Apr 2009
    • Posts: 12,310
    #4
    There is a company that makes a profit.

    From the profit they must pay certain expenses first. This leaves a "balance of the profit."

    This "balance of the profit" is then divided among all of the shareholders.

    This is saying that the Principal must be paid before ("prior to") the profits are divided and sent to the shareholders.

  1. 5jj's Avatar
    • Member Info
      • Native Language:
      • British English
      • Home Country:
      • England
      • Current Location:
      • Czech Republic

    • Join Date: Oct 2010
    • Posts: 28,134
    #5
    The comma in the original is not necessary.

    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • China
      • Current Location:
      • Philippines

    • Join Date: Feb 2014
    • Posts: 122
    #6
    I am not a teacher

    Can "principal" be referred to person and not the money put in the business?

  2. MikeNewYork's Avatar
    • Member Info
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States

    • Join Date: Nov 2002
    • Posts: 24,983
    #7
    Yes, "Principal" refers to a person.

    • Member Info
      • Native Language:
      • Japanese
      • Home Country:
      • Japan
      • Current Location:
      • Japan

    • Join Date: Mar 2010
    • Posts: 32
    #8
    All clear now. Thank you very much!

Similar Threads

  1. [Grammar] is/are agreement
    By Stefan56 in forum Ask a Teacher
    Replies: 1
    Last Post: 23-Jan-2012, 20:34
  2. [Grammar] S-V agreement
    By 2010 in forum Ask a Teacher
    Replies: 2
    Last Post: 02-Jun-2010, 19:10
  3. [Grammar] Agreement
    By Eriko in forum Ask a Teacher
    Replies: 5
    Last Post: 27-Oct-2009, 09:28
  4. SV agreement
    By chum in forum Ask a Teacher
    Replies: 3
    Last Post: 30-Apr-2007, 12:57
  5. agreement
    By fungyf_hk in forum Ask a Teacher
    Replies: 5
    Last Post: 04-Dec-2004, 07:05

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •