translation

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Translation

When a parent-subsidiary relationship exists between two companies in different countries using different currencies, the act or practice of changing the financial statements of the subsidiary to conform to the accounting standards of the parent's country, as well as re-denominating the subsidiary's currency into the parent's currency. According to the Generally Accepted Accounting Principles in the United States, the translation of a foreign currency to U.S. dollars must be accurate as of the date on the financial statement. If there have been substantial changes to the exchange rate since that date, the consolidated financial statement must note this.

translation

The expression of amounts denominated in one currency in terms of another currency by using the rate at which two currencies are exchanged. For example, a firm with foreign operations might express sales made in German marks in terms of U.S. dollars. Also called foreign currency translation.
References in classic literature ?
The dissertations are the only part in which an exact translation has been attempted, and even in those abstracts are sometimes given instead of literal quotations, particularly in the first; and sometimes other parts have been contracted.
48} I give the usual translation, but I do not believe the Greek will warrant it.
I find little authority for such a translation; the most equitable translation of the text as it stands is, "Ithaca is an island fit for breeding goats, and delectable rather than fit for breeding horses; for not one of the islands is good driving ground, nor well meadowed.
In my "Authoress of the Odyssey" I thought "Jutland" would be a suitable translation, but it has been pointed out to me that "Jutland" only means the land of the Jutes.
I have therefore with some diffidence ventured to depart from the received translation of [Greek] (cf.
152} Translation very uncertain; vide Liddell and Scott, under
160} The normal translation of the Greek word would be "holding back," "curbing," "restraining," but I cannot think that the writer meant this--she must have been using the word in its other sense of "having," "holding," "keeping," "maintaining.
This passage, which is cited as an almost literal translation from the original, I found in a small volume entitled
Sometimes even in translation the rhyme may be kept, as:--
translation," muttered Raskolnikov from the stairs.
com to offer customers notarized translations and official translation certificates in 23 languages
Vatican City -- At the end of July 2006, Cardinal George Pell of Sydney was in Rome for a series of meetings for the committee he heads, Vox Clara, which advises the Congregation for Divine Worship and the Sacraments on English translations.