avräkningsvinster
English translation: settlement gains
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| 10:38 Aug 28, 2008 |
| Swedish to English translations [PRO] Bus/Financial - Finance (general) / supply contract | |||||||
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|  Selected response from: Hanne Rask Sonderborg Denmark Local time: 09:35 | ||||||
Grading comment
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| Summary of answers provided | ||||
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| 3 | accounting gains |
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| 3 -1 | benefits settlement |
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| 2 | settlement gain |
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Answers
34 mins confidence: 
peer agreement (net): -1
peer agreement (net): -1benefits settlement Explanation: -- |
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4 hrs confidence:
settlement gain Explanation: According to Juridisk ordbog (Helle Pals Frandsen): Danish "afregning" = English "settlement" Example: "If Company X paid Company Y $5 million to settle the supply contract absent a business combination, any difference between the carrying amount of Company X's liability, if any, related to its unfavorable supply contract and the amount paid would be recognized as a settlement gain or loss." http://www.fasb.org/eitf/0401S1S1.pdf |
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Grading comment
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11 hrs confidence:
accounting gains Explanation: Maybe results in some kind of - even above board - paper profit or revaluation gain obtained on stock-taking and consignment stock dealings. Gullberg doesn't have a specific entry, but accounting and clearing for avräkning. Example sentence(s):
Reference: http://www.iht.com/articles/2007/10/08/bloomberg/bxgaz.php |
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