Translation (See Chapter 6 of the Vernimmen)Translation is the conversion of the accounts of foreign subsidiaries into the currency of the parent company. Fluctuations in exchange rates and differences in inflation rates may lead to the distorted presentation of foreign accounts in consolidated accounts. The major methods of translation are the closing rate method, temporal method, and special method. Also called currency translation.
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Definitions of terms begining with the same letter as "Translation" :
TMT TSR Take and pay contract Take or pay contract Takeover Takeover bid Tangible fixed asset Tapping the reserves Tax loss carrybacks Tax loss carryforwards Tax shield Technical analysis Technical dilution Temporal method Temporary differences Tender offer Term sheet Terminal value The bottom-up approach is also called the stock-picking approach. Theory of markets in equilibrium Theta Time deposit Time diversification Time value Time value of money Timing differences Timing problem Tobin’s Q Toogle notes Top-down approach Total breakeven Total debt service Total return swap Total shareholder return, TSR Tracking stock Trade buyer Trade payables Trade receivables Trade-off model Trading profit Trailing ratio Transaction multiples Transaction multiples method Transfer Transfer of assets Translation Translation risk Treasury Treasury method Treasury shares Treeing Trend analysis Trust preference shares Turnover – assets Turnover – liabilities
Definition of Translation - Finance dictionary