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单词 currency translation
释义

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currency translation
6. The restatement of accounts in one currency into another currency. Frequently in currency translation, foreign currency translation.
ΚΠ
?1902 Votes & Proc. House of Representatives 1901–2 (Parl. Commonw. Austral.) I. 84 So far as the translation of our coinage into the American coinage is concerned, we would have a new coin, the decem,..and two of these would make as nearly as possible the American dollar.
1972 Financial Times 19 Apr. 11/1 Comparison of trading results is distorted by..the reduction in the depreciation charge occasioned by the revised method of currency translation.
1988 Surv. Current Business June 80/3 The translation into dollars, at the new exchange rates, of affiliates' assets and liabilities denominated in foreign currencies resulted in large capital gains.
2006 P. Walton & W. Aerts Global Financial Accounting & Reporting 372 The notion of functional currency plays a key role in the accounting rules on foreign currency translation.
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