Glossary entry

Spanish term or phrase:

Propiedad contable

English translation:

asset property

Added to glossary by consuelo buitrago
Sep 13, 2007 20:05
16 yrs ago
Spanish term

Propiedad contable

Spanish to English Bus/Financial Accounting refinancing
Found under title "True Leases"
- Mejora el capital de trabajo y liquidez
-Propiedad contable, fiscal y legal del Arrendador (pago de impuestos de activo)
-Arrendatario registra la renta como gasto

These is 1 of 9 slides, very little context unfortunately

Proposed translations

37 mins
Selected

asset property

Any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities, accounts receivable, inventory, office equipment, real estate, a car, and other property. On a balance sheet, assets are equal to the sum of liabilities, common stock, preferred stock, and retained earnings.

From an accounting perspective, assets are divided into the following categories: current assets (cash and other liquid items), long-term assets (real estate, plant, equipment), prepaid and deferred assets (expenditures for future costs such as insurance, rent, interest), and intangible assets (trademarks, patents, copyrights, goodwill).

http://www.investorwords.com/273/assets.html
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4 KudoZ points awarded for this answer. Comment: "thanks everyone for your help"
20 hrs

assets

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2 days 6 hrs

(property) for accounting purposes

properrty for accounting, tax, and legal purposes of....

more context would be helpful. Is this talking about capital and operating leases? i.e., who owns the property and gets the accounting write-offs and tax benefits
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