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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In this study we are examining the Spanish to English convergence, or Spanish words with some influence from English grammatical structure, as seen in example (6).
NUMBER OF TOKENS BY LANGUAGE TYPE Type Number of Language Certain Tokens * % Monolingual Spanish 2111 66% Monolingual English 623 20% Codeswitching (CS) 322 10% Spanish to English Convergence 76 2% English to Spanish Convergence 63 2% Total 3195 100% * "Certain" instances/tokens of each language type denote those that were categorized without doubts.