单词 | gain on translation |
释义 | gain on translation in Finance (geɪn ɒn trænzleɪʃən) Word forms: (plural) gains on translation noun (Finance: Foreign exchange) translationA gain on translation is the amount of money that is made by a company by converting another currency used in a transaction into the functional currency of the company. A gain on translation is recorded for a loan payable denominated in a foreign currency when the dollarhas increased in value compared to the foreign currency. The US dollar weakened, resulting in a gain on translation. A gain on translation is the amount of money that is made by a company by converting another currency usedin a transaction into the functional currency of the company. gain on translation in Accounting (geɪn ɒn trænzleɪʃən) Word forms: (plural) gains on translation noun (Accounting: Financial statements, Income statement) A gain on translation is the amount of money that is made by a company by converting another currency usedin a transaction into the functional currency of the company. A gain on translation is recorded for a loan payable denominated in a foreign currency when the dollarhas increased in value compared to the foreign currency. Companies using the current rate method generally show a gain on translation when the US dollar weakens and a loss when the US dollar strengthens. A gain on translation is the amount of money that is made by a company by converting another currency usedin a transaction into the functional currency of the company. |
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