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 periodicals archive ?
Rolling ring linear actuators can be configured to handle a variety of linear motion applications including positioning, cutting, spooling/winding, spraying, slitting and packaging.
We are committed to expanding Nook Industries linear motion product offerings while reducing engineering and purchasing lead times to our customers.
3 /PRNewswire/ -- Nook Industries, a leading manufacturer of linear motion control systems and components, announced a digital online version of the Nook Linear Motion Design Guide at http://www.
Tokyo: 9962) and a leading provider of fixed and configurable mechanical components for machine building and factory automation systems, has introduced nine new product styles to its popular KU Series of Linear Motion Units.
Saving valuable time, along with our commitment to design, engineering and manufacturing excellence is why Nook Industries continues to become the linear motion manufacturer of choice.
The Precision Roller Pinion System (RPS) converts rotary motion into very precise, backlash-free linear motion, while operating at high speeds over long distances.
The 1,000-gpm mud recycling unit has a 5,500-gallon tank and utilizes three of Kem-Tron's patented multi functional double-deck linear motion shakers with 162 square feet of screen area.
These compact stainless-steel rail guides can provide precise linear positioning, smooth operation, high load-carrying capacity, high stiffness, and unlimited stroke for a wide variety of linear motion applications in the semiconductor, precision mechanics, mechanical engineering, microassembly, electronics, and medical industries, among others.
They translate rotary into linear motion through a rotating nut.
The Series 300 Double Rail system from Techno-Isel offers affordable linear motion for a variety of positioning applications.
Linear Motion Systems announces their FREE LabVIEW drivers on their Web site, compatible with a variety of Techno controllers and machines.
18 /PRNewswire/ -- Nook Industries, a leading manufacturer of linear motion control systems and components, announces the availability of Nook Precision Locknuts for high load linear motion applications.

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