English translation: licenses in rights and assets
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Explanation: Schäfer's Wirtschaftswörterbuch (pages 994 and 995 in my edition)gives a slightly different translation than the one quoted for the standard German balance sheet item: " Concessions, industrial property rights and similar rights and values, as well as licences thereto."
transatgees United Kingdom Local time: 00:29 Native speaker of: English PRO pts in pair: 768