bilanzunabhängig

English translation: don't operate based on the ups and downs of the economy

10:45 Feb 15, 2009

German to English translations [PRO]
Bus/Financial - Finance (general) / financial advisors versus banks

German term or phrase: bilanzunabhängig

Zudem operieren diese Unternehmen (d.h. independent financial advisors) bilanzunabhängig und haben daher keine Refinanzierungsbedarf wie beispielsweise Banken

echristie KudoZ activity Questions: 17 (none open) Answers: 0 Ireland
Local time: 16:10

English translation:don't operate based on the ups and downs of the economy

Explanation:
Unlike lending institutions (banks), independent financial advisors don't operate based on the ups and downs of the economy. In other words, even during times of economic crisis, their own businesses flourish and their services are in high demand. Ah, the lucky translator who works for an independent financial advisor!

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Note added at 4 hrs (2009-02-15 15:28:10 GMT) Post-grading
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... based on economic fluctuations.

Selected response from:

Paul Cohen
Greenland
Local time: 14:10

Grading comment

thanks, that certainly explains it. am going to ask client how they want ti conveyed because it need to be concise.
4 KudoZ points were awarded for this answer

Summary of answers provided

on a net income basis with no asset funding requirements

Jeff Barter

outside (of) the balance sheet

Jo Bennett

3 -1

don't operate based on the ups and downs of the economy

Paul Cohen

Discussion entries: 3

Answers

33 mins confidence:

outside (of) the balance sheet

Explanation:
But hard to be sure without more context. What kind of document are your translating? See possible helpful links below.

Example sentence(s):

These adjustments, which are effectively made outside the balance sheet as such, refer to either the capitalization of assets / accrual of assets, or the evaluation of assets / liabilities.

Reference: http://www2.finnvera.fi/vuosikertomus2005/?s=1&p=526
Reference: http://ec.europa.eu/taxation_customs/resources/documents/tax...

Jo Bennett
United Kingdom
Local time: 16:10
Specializes in field
Native speaker of: English
PRO pts in category: 12

Notes to answerer

Asker: thanks

1 hr confidence:

on a net income basis with no asset funding requirements

Explanation:
conveys the meaning of own financial independence

Jeff Barter
Germany
Local time: 17:10
Specializes in field
Native speaker of: English
PRO pts in category: 15

Notes to answerer

Asker: thanks

45 mins confidence:

peer agreement (net): -1

don't operate based on the ups and downs of the economy

Paul Cohen
Greenland
Local time: 14:10
Works in field
Native speaker of:

English
PRO pts in category: 40

Grading comment

thanks, that certainly explains it. am going to ask client how they want ti conveyed because it need to be concise.

Notes to answerer

Asker: I appreciate everyone's efforts and your impression that i closed it quickly. I got the text at 9am today, discussed final version with client at 12 and it was presented to its audience in New York this afternoon. Client was very happy with my rendition of your suggestion - and they do know what they are talking about.

Peer comments on this answer (and responses from the answerer)

agree

Dr Lofthouse: yes, but would use 'swings in the economy' instead of 'ups and downs'

3 hrs

-> or 'economic fluctuations'

disagree

Ted Wozniak: bilanzabhängig for banks means they have "minimum capital requirements"

5 hrs

-> Thanks, you learn something new every day, Ted. In other words, independent financial advisors have NO min. capital requirements!? Perhaps you can have the question re-opened to make an official entry.

disagree

Andrea Hauer: das verstehe ich hier auch völlig anders, nämlich so, wie Ted es sagt - das Englische sagt etwas völlig anderes aus als das Deutsche hier.

8 hrs

-> Ich habe es verstanden im Sinne von "Bilanz=Ergebnis", d.h., die Tätigkeit der Firma läuft unabhängig von der all. finanz. Lage der Branche, und deshalb ist eine Refinanzierung nicht nötig. Aber Ihr seid die Finanzexperten hier! Siehe mein Kommentar oben.

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