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WP des UV

English translation: Marketable securities

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:WP des UV
English translation:Marketable securities
Entered by: Timothy Strauss
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20:17 Aug 22, 2010
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: WP des UV
Does anyone recognise these German abbreviaitons?
Context: Einzahlungen aus dem Verkauf von Finanzanlagevermögen und WP des UV. (Maybe WP stands for "Wertpapiere"?)
Timothy Strauss
Local time: 03:38
Marketable securities
Explanation:
Marketable securities.

WP = Wertpapiere = securities
UV = Umlaufvermögen = current assets.

However securities classified as current assets are called "marketable securities"

Very liquid securities that can be converted into cash quickly at a reasonable price.

"Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices. "
Selected response from:

Alison Schwitzgebel
France
Local time: 04:38
Grading comment
Many thanks for this swift response!
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +2Marketable securities
Alison Schwitzgebel


  

Answers


4 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
Marketable securities


Explanation:
Marketable securities.

WP = Wertpapiere = securities
UV = Umlaufvermögen = current assets.

However securities classified as current assets are called "marketable securities"

Very liquid securities that can be converted into cash quickly at a reasonable price.

"Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices. "


    Reference: http://www.investopedia.com/terms/m/marketablesecurities.asp
Alison Schwitzgebel
France
Local time: 04:38
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 237
Grading comment
Many thanks for this swift response!

Peer comments on this answer (and responses from the answerer)
agree  swisstell
55 mins

agree  lisa23
11 hrs
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