Glossary entry

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"?)
Proposed translations (English)
5 +2 Marketable securities

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. "
Peer comment(s):

agree swisstell
55 mins
agree lisa23
11 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Many thanks for this swift response!"
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