V tej direktivi "spojitev z ustanovitvijo nove družbe" pomeni postopek po katerem nekaj družb preneha brez likvidacije in s katero se prenese na družbo, ki jo ustanavljajo, vso njihovo premoženje, sredstva in obveznosti, v zamenjavo za delnice nove družbe, ki se izdajo delničarjem, in za morebitno gotovinsko plačilo, ki ne presega 10 % nominalne vrednosti tako izdanih delnic, ali če te nimajo, njihove računovodske vrednosti.
For the purposes of this Directive, "merger by the formation of a new company" shall mean the operation whereby several companies are wound up without going into liquidation and transfer to a company that they set up all their assets and liabilities in exchange for the issue to their shareholders of shares in the new company and a cash payment, if any, not exceeding 10 % of the nominal value of the shares so issued or, where they have no nominal value, of their accounting par value.