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Kapitalverzehr

English translation: capital consumption


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Kapitalverzehr
English translation:capital consumption
Entered by: Michél Dallaserra
Options:
- Contribute to this entry
- Include in personal glossary

21:32 Nov 1, 2009
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Kapitalverzehr
Die Kapitalkosten werden durch den Kapitalverzehr, in Form von Abschreibungen und Zinskosten, verursacht

Suggested translation:
Due to capital ???, financing costs are effected in the form of depreciation and the cost of interest.

Kapitalverzehr is the opposite of "Kapitalerhalt" - "the preservation of capital" according to http://www.pioneerinvestments.de/de_DE/glossar/kapitalerhalt...

How do we say "Kapitalverzehr" (the opposite of "preservation of capital") in English?
Timothy Wood
United States
Local time: 15:31
capital consumption
Explanation:
Or: consumption of capital.
Not sure, though.
Selected response from:

Michél Dallaserra
Germany
Local time: 23:31
Grading comment
I ended up going with this answer in light of http://www.encyclopedia.com/doc/1O18-capitalconsumption.html. It fits with the section on depreciation, which is where the term in question occured.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2capital consumption
Michél Dallaserra
3 +2capital diminution
Goldcoaster
3 +1capital reductionone only
Summary of reference entries provided
capital consumption allowanceCharlesp

  

Answers


23 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
capital consumption


Explanation:
Or: consumption of capital.
Not sure, though.

Michél Dallaserra
Germany
Local time: 23:31
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 8
Grading comment
I ended up going with this answer in light of http://www.encyclopedia.com/doc/1O18-capitalconsumption.html. It fits with the section on depreciation, which is where the term in question occured.

Peer comments on this answer (and responses from the answerer)
agree  Charlesp: See: www.vdata.de/vdata-rechner/kapitalverzehr_in.jsp
10 hrs
  -> Thank you!
agree  Yasdnil1: or prhaps as "consumption of capital" ?
22 hrs
  -> Thank you!
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50 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
capital reduction


Explanation:
revenue losses that cannot be recovered from the firm's earnings, resulting in permanent loss of capital



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Note added at 51 mins (2009-11-01 22:23:57 GMT)
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Just another option...

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Note added at 3 hrs (2009-11-02 01:18:43 GMT)
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I took this definition, however, I am sure there are more cases / more definitions applicable to "capital reduction". Still the term "capital reduction" is quite a good opposite to "preservation of capital".

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Note added at 3 hrs (2009-11-02 01:22:48 GMT)
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One site that gives the definition cited here is:

http://www.businessdictionary.com/definition/capital-reducti...

Ther are other sitations of "capital reduction": for example cancellation of shares, which is not the case here.

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Note added at 6 hrs (2009-11-02 04:20:07 GMT)
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Definition:
Reducing the amount of issued share capital to reflect
(1) permanent reduction in a firm's scale of operations,
or
(2) revenue losses that cannot be recovered from the firm's earnings, resulting in permanent loss of capital.



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Note added at 6 hrs (2009-11-02 04:22:00 GMT)
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Valuable Reference:

http://books.google.com/books?id=rRGF7iSaxc8C&pg=PA374&lpg=P... - Page 374

http://www.fabasoft.com/cms/InvestorRelations/CapitalReducti...

one only
Local time: 14:31
Specializes in field
Native speaker of: Native in BulgarianBulgarian, Native in EnglishEnglish
PRO pts in category: 4
Notes to answerer
Asker: This makes a lot of sense, especially because the preservation of capital involves a conversative investment strategy that attempts to avoid any capital losses.

Asker: Your answer makes sense, but the term "capital reduction" seems to be different than the definition of it on http://www.investopedia.com/terms/c/capitalreduction.asp. Any comments?


Peer comments on this answer (and responses from the answerer)
agree  gangels: more idiomatic is 'reduction in capital'
14 hrs
  -> Yes, I have seen it this way. Thanks!
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11 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
capital diminution


Explanation:
In a financial context I would use the term "diminution" to describe loss of capital due to interest and depreciation.

Goldcoaster
Switzerland
Local time: 23:31
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 28

Peer comments on this answer (and responses from the answerer)
agree  sivara
1 hr
  -> Thanks, sivara
agree  Harald Moelzer (medical-translator)
14 hrs
  -> Danke, Harald.
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Reference comments


10 hrs
Reference: capital consumption allowance

Reference information:
Definition

The percentage of the GDP which is due to depreciation. GDP minus capital consumption allowance equals net national product. The capital consumption allowance measures the amount of expenditure that a country needs to undertake to simply maintain, as opposed to grow, its productivity.


    Reference: http://encyclopedia.farlex.com/Capital+consumption
    Reference: http://www.investorwords.com/702/capital_consumption_allowan...
Charlesp
Sweden
Specializes in field
Native speaker of: Native in EnglishEnglish
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Changes made by editors
Nov 9, 2009 - Changes made by Michél Dallaserra:
Created KOG entryKudoZ term => KOG term


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