Glossary entry (derived from question below)
German term or phrase:
WP des UV
English translation:
Marketable securities
Added to glossary by
Timothy Strauss
Aug 22, 2010 20:17
13 yrs ago
5 viewers *
German term
WP des UV
German to English
Bus/Financial
Finance (general)
Does anyone recognise these German abbreviaitons?
Context: Einzahlungen aus dem Verkauf von Finanzanlagevermögen und WP des UV. (Maybe WP stands for "Wertpapiere"?)
Context: Einzahlungen aus dem Verkauf von Finanzanlagevermögen und WP des UV. (Maybe WP stands for "Wertpapiere"?)
Proposed translations
(English)
5 +2 | Marketable securities | Alison Schwitzgebel |
Proposed translations
+2
4 mins
Selected
Marketable securities
Marketable securities.
WP = Wertpapiere = securities
UV = Umlaufvermögen = current assets.
However securities classified as current assets are called "marketable securities"
Very liquid securities that can be converted into cash quickly at a reasonable price.
"Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices. "
WP = Wertpapiere = securities
UV = Umlaufvermögen = current assets.
However securities classified as current assets are called "marketable securities"
Very liquid securities that can be converted into cash quickly at a reasonable price.
"Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices. "
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Comment: "Many thanks for this swift response!"
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