GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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07:52 Aug 25, 2001 |
German to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Tim Drayton Cyprus Local time: 00:29 | ||||||
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Summary of answers provided | ||||
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na +1 | turnover (or sales)/ sales volume |
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na | Sales and turnover |
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na | turnover/sales |
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na | sales, sales volume |
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Sales and turnover Explanation: Check the link below -HTH -Poornima Reference: http://www.boerseninfos.de/ak/adhoc/news/540390-20001031-182... |
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The asker has declined this answer Comment: Sorry, your link does not explain the difference, nor do you |
turnover/sales Explanation: turnover - money sales - units/items sold eg. turnover can increase even when sales decrease due to higher prices hth inge |
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sales, sales volume Explanation: Umsatz=sales, turnover, revenue Absatz=sales volume Professional Dictionary Accounting/Tax/Banking Business Dictionary, Heyne |
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turnover (or sales)/ sales volume Explanation: The exact meaning of these terms varies from context to context, but as they are used by one German company whose accounting documents I regularly translate, the difference is that the first of these words refer to the monetary value of the sales, and the second to the physical amount of good sold. So, e.g. if a company sells 1,000 tonnes of a product priced at EUR 10 per ton, then the 'Umsatz' (technically turnover in English, but the word 'sales' frequently fits better) is EUR 10,000 whilst the 'Absatz' (sales volume) is 1,000 tonnes. You had better check if this fits the way these terms are used throughout the document you are working with. I hope this explanation is of some help, anyway. |
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