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 ?
The grant will allow Rutgers and its partners to train and cultivate the translational science workforce; engage patients and communities in every phase of the translational process; promote the integration of special and underserved populations in translational research across the human lifespan; innovate processes to increase the quality and efficiency of translational research, particularly of multisite trials; and advance the use of big data information systems.
T7 (n=4, 8.89%) comprises papers proposing ways to improve translational knowledge in residents' trainings and researchers' careers.
(1.) IOM (Institute of Medicine), The CTSA Program at NIH: Opportunities for advancing clinical and translational research 2013, Washington, DC: The National Academies Press.
The International Diabetes Federation launched an initiative, termed D-START (diabetes - supporting translational research twinning).
Basic and clinical research have both been clearly defined over the years, but since Koshland's statement in 1993, a third domain of translational research has been established that offers a bridge between basic research and clinical applications (see figure 1 and table 1).
TBF1 protein accumulation is under a tight translational regulatory mechanism involving upstream Open Reading Frames (uORFs) located in the 5'Untranslated Region of the TBF1 mRNA.
[3] The translation of research in imaging technology to its application in clinical medicine is a perfect illustration of a successful translational pathway that has had a huge impact on diagnostic and interventional medicine.
Strong financial support for this effort is provided by the Clinical and Translational Science Awards (CTSAs) from the National Center for Advancing Translational Sciences (NCATS), National Institutes of Health (NIH), awarded to about sixty biomedical research institutions constituting the CTSA Consortium [1].
Translational neuroimaging; tools for CNS drug discovery, development and treatment.
UMass, like many academic medical centers across the country, is chasing "translational science" - the kind of discoveries that will produce medical products, treatments and services for patients.
UAMS began its reforms in 2008, and in 2009 it won a highly competitive Clinical and Translational Science Award (CTSA) from the National Institutes of Health (NIH).
Collins, M.D., Ph.D., and pharmaceutical companies to announce a new translational science initiative by the National Center for Advancing Translational Sciences.

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