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01:01 Apr 30, 2001
Norwegian to English translations [Non-PRO]
Norwegian term or phrase: driftsløsøre
One of the entries under the "varige driftsmidler" in a balance sheet I'm translating is:

"Driftsløsere, inventar, verktøy o.l."

Anyone know the correct English term for "driftsløsøre?
Carole Hognestad

Summary of answers provided
na[Meaning of "fixed assets" in English.]Wigtil
naplant equipment, operational assets
Mats Wiman
namoveable property
natangible fixed assets
Sven Petersson



1 hr
tangible fixed assets

Standard translation

    Various Norwegian balance sheets.
Sven Petersson
Local time: 17:44
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in pair: 1150
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12 hrs
moveable property

The translation of "løsøre" is "moveable property", not fixed property as the previous suggestion indicates.
"Drift" is generally translated "business" or "operating",
as in
driftsutgifter = operating expenses
driftsmargin = operating profit/margin
driftsmidler = business assets

I've never seen the exact term you are looking for, however, so I can only hope this will be of some help to you.

    Long translation experience
United States
Local time: 10:44
Native speaker of: Native in EnglishEnglish, Native in NorwegianNorwegian
PRO pts in pair: 8
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1 day 20 hrs
plant equipment, operational assets

Agree on 'fixed', which by definition is inappropiate.
'Drifts-' is translated as 'operating' only when being generated by, or having its origin in the operation of the company.
Here 'Drifts-' means pertaining to the activity being performed (on the shop floor)

    Gabler Wirtschaftlexikon+MW+PE
Mats Wiman
Local time: 17:44
Native speaker of: Native in SwedishSwedish
PRO pts in pair: 176
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15 days
[Meaning of "fixed assets" in English.]

Many agencies in the U. S. Federal Government uses the term "fixed assets" in the sense of "financially fixed", not in the sense of "physically/geographically anchored". These assets do not appreciate (gain in value) over time.

Hence, fixed assets (furniture, machines, weapons, vehicles) are the opposite of real property (land and buildings).

    I work as a database contractor on precisely such Federal topics.
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