| 单词 | loss on translation |
| 释义 | loss on translation in Finance (lɔs ɒn trænzleɪʃən) Word forms: (plural) losses on translation noun (Finance: Foreign exchange) A loss on translation is the amount of money that is lost by a company by converting another currency used in a transaction into the functional currency of the company. If the exchange rate increases beyond this rate on the date of withdrawal, the additionalloss on translation of liability will be debited to the profit and loss account. When an entity translates their foreign currency into the functional currency oftheir enterprise, any resulting loss on translation should be recognized in an entity’s profit and loss account. A loss on translation is the amount of money that is lost by a company by converting another currency usedin a transaction into the functional currency of the company. loss on translation in Accounting (lɔs ɒn trænzleɪʃən) Word forms: (plural) losses on translation noun (Accounting: Financial statements) lossA loss on translation is the amount of money that is lost by a company by converting another currency usedin a transaction into the functional currency of the company. If the exchange rate increases beyond this rate on the date of withdrawal, the additionalloss on translation of liability will be debited to the profit and loss account. When an entity translates their foreign currency into the functional currency oftheir enterprise, any resulting loss on translation should be recognized in an entity's profit and loss account. A loss on translation is the amount of money that is lost by a company by converting another currency usedin a transaction into the functional currency of the company. |
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