Glossary entry (derived from question below)
Norwegian term or phrase:
realisasjonsprinsippet
English translation:
the realisation principle
Added to glossary by
brigidm
Sep 22, 2006 07:20
17 yrs ago
Norwegian term
realisasjonsprinsippet
Norwegian to English
Bus/Financial
Law: Taxation & Customs
The text is about tax and possible tax deductions - offshore activity. Sentence reads: "Kostnadene fradragsføres etter realisasjonsprinsippet (betyr løpende eller det året en faktura mottas)". I could only find one or two sources where this was actually translated as "realisation principle", and very few hits for the term on Norwegian sites. Do I smell a rat? This link explains the term: http://www.statsbudsjettet.dep.no/2006_tilleggsproposisjon/o...
Proposed translations
(English)
| 5 | the realisation principle |
Sven Petersson
|
| 4 | realisation concept |
Clare Barnes
|
| 4 | when-arising basis |
Adrian MM. (X)
|
Proposed translations
37 mins
Sven Petersson
Sweden
Sweden
Native in English
Sweden
Medical Translator
Native in: Swedish 
, English
Works in: English to Swedish, Danish to Swedish, German to Swedish, and 13 more.
Related KudoZ points
:
4
Selected
the realisation principle
:o)
4 KudoZ points awarded for this answer.
Comment: "There seems to be some discussion about the definition "realisation" in different countries, and that's why I wanted a second opinion. But I think it's safe to use now. I would have liked to split the points between you and Clare , but thanks anyway to all of you!"
9 mins
Clare Barnes
Sweden
Sweden
Native in English
Sweden
Targeted translations, punctual delivery
Native in: English 
Works in: Swedish to English, English, Norwegian to English, and 1 more.
realisation concept
Quite a widely used term. Quote from the link below:
Realisation
The realisation concept helps the accountant to determine the point at that he feels that a transaction is certain enough for the profit to be made on it to be calculated and taken to the profit and loss account. Realisation occurs when a sale is made to a customer. The basic rule is that revenue is created at the moment a sale is made, and not when the account is later settled by cheque or by cash.
Realisation
The realisation concept helps the accountant to determine the point at that he feels that a transaction is certain enough for the profit to be made on it to be calculated and taken to the profit and loss account. Realisation occurs when a sale is made to a customer. The basic rule is that revenue is created at the moment a sale is made, and not when the account is later settled by cheque or by cash.
Reference:
32 mins
when-arising basis
(income) on a when-earned basis
(costs) on a when-incurred basis
cf. also earnings received and earnings entitlement basis.
The terms realisation and disposal are not really helpful in an income vs. expenditure context.
(costs) on a when-incurred basis
cf. also earnings received and earnings entitlement basis.
The terms realisation and disposal are not really helpful in an income vs. expenditure context.
Example sentence:
Realisasjonsprinsippet innebærer at inntekter tidfestes når foretaket får *ubetinget rett til dem*, og at kostnader tilsvarende tidfestes når det oppstår en ...
Maintenance 1/3rd divided with the other flat owners on an as and when arising basis. Exact figures to be advised. Property reference: jslr_RIC060023 ...
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