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Annahme gezogener Wechsel

English translation: Liabilities on bills accepted and drawn


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Annahme gezogener Wechsel
English translation:Liabilities on bills accepted and drawn
Entered by: Robyna
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14:23 Sep 24, 2006
German to English translations [PRO]
Bus/Financial - Finance (general) / Jahresabschluss
German term or phrase: Annahme gezogener Wechsel
eigentliclh habe ich mit dem ganzen Satz Probleme:
"Verbindlichkeiten aus der Annahme gezogener Wechsel und der Ausstellung eigener Wechsel"
Es handelt sich um die Passiv-Seite eines Jahresabschlussberichts.
Robyna
Local time: 04:12
Liabilities on bills accepted and drawn
Explanation:
This is a standard line item in German financial statements (HGB), and appears in section 266(3) of the HGB, which sets out the mandatory presentation format for equity and liabilities in the balance sheet. This is item A.C.5.

Source: Deutsches Bilanzrecht/German Accounting Legislation, 4th edition, PwC/IDW-Verlag 2006
Selected response from:

RobinB
Local time: 04:12
Grading comment
in der Tat sehr elegant gelöst. danke
4 KudoZ points were awarded for this answer



Summary of answers provided
5Liabilities on bills accepted and drawnRobinB
3 +1acceptance of the drawing of bills
Stephen Sadie
3acceptance of a draft (or a bill (of exchange) )
Camilla Seifert


  

Answers


5 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
acceptance of the drawing of bills


Explanation:
is my take

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Note added at 9 mins (2006-09-24 14:32:31 GMT)
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from Schäfer to back this up: (WeR) acceptance
(ie, promise to pay by the drawee of a bill of exchange; syn, Akzept, Akzeptleistung)

Stephen Sadie
Germany
Local time: 04:12
Native speaker of: Native in EnglishEnglish
PRO pts in category: 167

Peer comments on this answer (and responses from the answerer)
agree  Raghunathan: acceptance of the (drawn) bill or draft
45 mins
  -> thanks raghu
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53 mins   confidence: Answerer confidence 5/5
Verbindlichkeiten aus der Annahme gezogener Wechsel und der Ausstellung eigener Wechsel
Liabilities on bills accepted and drawn


Explanation:
This is a standard line item in German financial statements (HGB), and appears in section 266(3) of the HGB, which sets out the mandatory presentation format for equity and liabilities in the balance sheet. This is item A.C.5.

Source: Deutsches Bilanzrecht/German Accounting Legislation, 4th edition, PwC/IDW-Verlag 2006

RobinB
Local time: 04:12
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 376
Grading comment
in der Tat sehr elegant gelöst. danke
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
acceptance of a draft (or a bill (of exchange) )


Explanation:
a *gezogener Wechsel* is simply a *draft* or a *bill of excahange*
Agree with R. Raghunathan


Camilla Seifert
South Africa
Local time: 04:12
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 67
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