Glossary entry (derived from question below)
German term or phrase:
Entstehungskurs
English translation:
rate prevailing at the time of origination
Added to glossary by
Howard Corlett (X)
Apr 6, 2002 16:57
22 yrs ago
6 viewers *
German term
Enstehungskurs
German to English
Bus/Financial
Accounting
accounting
Die Bewertung der Verbindlichkeiten erfolgte mit ihrem Rückzahlungsbetrag, Fremdwährungsverbindlichkeiten wurden mit dem Entstehungskurs oder dem höheren Kurs zum Bilanzstichtag angesetzt.
Proposed translations
(English)
| 4 +6 | exchange rate prevailing at the time of origination |
Ralf Lemster
|
| 5 +1 | historic exchange rate |
Andy Lemminger
|
| 5 -1 | present rate |
Codrut Tudor
|
Proposed translations
+6
24 mins
Ralf Lemster
Germany
Germany
Native in German
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
Related KudoZ points
:
183
Selected
exchange rate prevailing at the time of origination
"...liabilities denominated in foreign currency were recognised at the exchange rate prevailing at the time of their origination, or at the rate prevailing at the balance sheet date (whichever is higher)."
4 KudoZ points awarded for this answer.
Comment: "I thought this was the meaning but wasn't sure how best to word it. Many thanks."
-1
2 mins
Codrut Tudor
Romania
Romania
Works in field
Romania
Try once and you'll allways come back!
Native in: Romanian 
Works in: Romanian to Italian, English to French, Romanian to German, and 16 more.
present rate
...present rate or a higher rate....
Peer comment(s):
| disagree |
Chris Rowson (X)
: That is exactly what is excluded here.
33 mins
|
+1
41 mins
Andy Lemminger
Canada
Canada
Native in German
Specializes in field
Canada
Finance&IT: Auditor & Software Developer
Native in: German 
Works in: English to German
Related KudoZ points
:
73
historic exchange rate
... were recognized at their historic exchange rates or at the rate prevailing at the balance sheet date (whichever higher).
Peer comment(s):
| agree |
brute (X)
10 mins
|
| neutral |
Roddy Stegemann
: This is a possible answere only if one knows how the historical rate is calculated.
7 hrs
|
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