Glossary

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Dutch Term English Term Definition
naam company name This specifically refers to the name of the newly incorporated company.
naamloze vennootschap public company with limited liability Dutch law distinguishes between two types of limited liability companies: (i) public companies with limited liability (naamloze vennootschap met beperkte aansprakelijkheid or “N.V.”) and (ii) private companies with limited liability (besloten vennootschap met beperkte aansprakelijkheid or “B.V.”). The main differences between these two entities are as follows: • B.V.s (as opposed to N.V.s) cannot issue bearer shares. • N.V.s with bearer shares can be listed at the Dutch Stock Exchange. If certain conditions are met, the shares in a B.V. could be listed as well. • N.V.s must have a minimum issued and paid-in capital of EUR45,000. For B.V.s, no minimum issued and paid-in capital is required, as long as at least one share is issued to a person or legal entity other than the B.V. or its subsidiaries. • The nominal value of shares in B.V.s (as opposed to N.V.s) may be denominated in another currency other than the euro. • B.V.s, as opposed to N.V.s, can issue shares without voting or profit rights. • B.V.s are subject to less strict capital and creditor protection rules than N.V.s. For example, B.V.s do not need to acquire an auditor statement for contributions in kind. • Holders of a certain class of B.V. shares may appoint, suspend and dismiss their “own” managing director. • Holders of a certain class of N.V. shares may only have nomination rights in relation to the appointment of managing directors (these nomination rights may be overruled at the general meeting of shareholders).
naar maatstaven van redelijkheid en billijkheid it is fair and reasonable
nabestaandenpensioen Survivors' Pension
nader aangevuld worden further expanded on
nader uitwerken expand on this
nadere beoordeling detailed review
nagekomen, niet breached per dag dat dit bevel niet wordt nagekomen = for each day that this order is breached
nagelaten left Dat hij heeft nagelaten als enige wettige en reservataire erfgenamen, zijn twee kinderen geboren en behouden uit zijn huwelijk met That he has left as his sole heirs at law, his two surviving children, born from his marriage to
nakoming steps to remedy the notified breach Used in contracts to describe steps taken to remedy a breach that has been notified (ingebrekestelling).
nalatenschap estate
nalatenschap estate; inheritance Use 'estate' or 'inheritance' depending on the surrounding words (e.g. accept your inheritance; reject your inheritance; debts of the estate; estate has a positive balance)
nalatenschap estate
nalatenschap aanvaarden accept your inheritance
nalatenschap verwerpen reject your inheritance Field: wills and probate
naleving: afzien van de naleving waiver of compliance with Example: Dutch: indien alle overige aandeelhouders hebben meegedeeld af te zien van de naleving van die bepalingen; English: if all the other shareholders have given notice that they waive compliance with those provisions;
Nederlands Arbitrage Instituut Dutch Arbitration Institute
nevenactiviteiten positions with outside companies
niet aan de orde is not an issue; is out of the question; should not be considered
niet bezwaard met free of burdens niet bezwaard met bijzondere lasten - free of burdens
niet gebleken of aannemelijk gemaakt no proof or evidence
niet genoteerde onderneming non-listed company
niet gewerkte uren non-worked hours
niet in geld waardeerbare zaak non-monetary claim
niet onderbouwd no arguments were provided
niet-ontvankelijk inadmissible
niet-ontvankelijkheidsverklaring plea of inadmissibility
niet-volgestorte not yet fully paid up; partly paid Context: partly-paid shares; shares not yet fully paid up
nietig void ab initio; void; null and void
nietig zijn of vernietigd worden declared wholly or partly null and void or annulled Indien één of meerdere bepalingen in deze algemene voorwaarden op enig moment geheel of gedeeltelijk nietig zijn of vernietigd worden, dan blijft de overeenkomst en deze voorwaarden voor het overige in stand en zal de betreffende bepaling in onderling overleg onverwijld vervangen worden door een bepaling dat de strekking van het oorspronkelijke zoveel mogelijk benaderd. If any provision (or part of any provision) in these General Terms and Conditions is at any time held invalid, illegal or unenforceable, the contract and the other provisions of these General Terms and Conditions will remain fully applicable and the relevant provision will be replaced without delay, in consultation between the parties, by a provision which approximates as closely as possible the purpose and intent of the original provision.
nietigverklaring nullity; declaration of nullity
non-concurrentiebeding non-compete clause
Noodmaatregel Overbrugging voor behoud van Werkgelegenheid Emergency Bridging Measure for the Preservation of Jobs
Noodmaatregel Overbrugging voor behoud van Werkgelegenheid (NOW) Emergency Bridging Measure for the Preservation of Jobs (NOW scheme)
noot comment
notaris civil-law notary
nu given that
nu dat given that
nu voor alsdan in anticipation; in advance welke overdracht door Op- drachtgever reeds nu voor alsdan wordt aanvaard - whereby this transfer is accepted in anticipation by the Client machtigt Opdrachtnemer Opdrachtgever reeds nu voor alsdan onherroepelijk - the Supplier irrevocably authorises the Client in advance

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