GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:59 Feb 19, 2006 |
Italian to English translations [PRO] Bus/Financial - Finance (general) / Leasing | |||||||
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| Selected response from: DCypher (X) Local time: 13:19 | ||||||
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Summary of answers provided | ||||
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4 | fungible (operating) assets |
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3 | 'interchangeable' working assets |
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Discussion entries: 2 | |
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'interchangeable' working assets Explanation: Working assets are 'fungible' or interchangeable by definition. Garzanti: working assets = beni strumentali. Other way round: 'business-operating assets'. It is necessary to distinguish the circulating assets from a basic assets. Circulating assets include such subjects of work, as raw material, the basic and ... Dovrà promuovere servizi finanziari creditizi, presso Aziende, segmento beni strumentali fungibili Il candidato ideale è orientato a cogliere nuove sfide ... -------------------------------------------------- Note added at 1 day18 hrs (2006-02-21 12:09:42 GMT) -------------------------------------------------- Point taken, Alexxx, and well thought out. I assumed this was an entry on a bal. sheet. Pending input from IT/EN accountants and financial specialists, your motor vehicle explanation now suggests back to: interchangeably generic capital goods. There is a Google weblink claiming capital goods are not interchangeable, but this flies in the face of the Scots/Roman law term fungible {unintelligible to lawyers in Eng. & Wales}: There are only two generic members in the combination by which the rate of ... While capital-goods are *not* ? interchangeable, true capital is completely so; ... www.econlib.org/LIBRARY/Clark/clkDW13.html followed by the letters “GI” (interchangeable generic) or a symbol ... between prescribed medicines and other consumer goods is that consumers have limited ... pharmacos.eudra.org/F2/pharmacos/docs/nerareport.pdf Reference: http://www.ibookcase.com/en/economy/syn www.profiliecarriere.it/visual_ annuncio.asp?Rif=6NO-614&id=2836 |
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fungible (operating) assets Explanation: fungible is a standard term used in English. This is probably not a main line item on the balance sheet but a sub-item. It is necessary to qualify the type of asset as "fungible assets" alone could be tangible, intangible, monetary, etc. See the two definitions below. The English definition is extracted from accounting regs. *** beni fungibili (cioè beni identici anche se acquistati in momenti diversi) *** "fungible assets" means assets of any description which are substantially indistinguishable from one another -------------------------------------------------- Note added at 1 day18 hrs (2006-02-21 12:50:13 GMT) -------------------------------------------------- An example related to leasing - Royal Brunei knows that, in the event of a default, Skymark would relinquish the planes, which would then be re-leased. Fungible assets, such as planes, which can be readily reclaimed and redeployed are good candidates for leasing. -------------------------------------------------- Note added at 1 day18 hrs (2006-02-21 12:52:15 GMT) -------------------------------------------------- An example related to leasing - Royal Brunei knows that, in the event of a default, Skymark would relinquish the planes, which would then be re-leased. Fungible assets, such as planes, which can be readily reclaimed and redeployed are good candidates for leasing. |
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