Glossary entry (derived from question below)
German term or phrase:
derivativer Firmenwert
English translation:
derivative goodwill
Added to glossary by
Steffen Walter
Jan 17, 2002 08:19
22 yrs ago
1 viewer *
German term
Germany
derivativen Firmenwert
German to English
Bus/Financial
Accounting
Das Anlagevermögen der Gesellschaft setzt sich im wesentlichen aus dem derivativen Firmenwert, gewerblichen Schutzrechten ( EDV-Software), technischen Anlagen und Maschinen sowie Betriebs- und Geschäftsausstattung zusammen.
Proposed translations
(English)
| 5 +2 | derivative goodwill |
Alison Schwitzgebel
|
| 5 | acquired goodwill |
Steve Martin
|
| 4 | Goodwill is only part of the company value... |
Eva Blanar
|
Proposed translations
+2
4 mins
Alison Schwitzgebel
France
France
Native in German
&
English
Specializes in field
France
Words that work
Native in: English 
, German
Works in: German to English, Germanic(Other) to English, French to English
Related KudoZ points
:
346
Selected
derivative goodwill
"Goodwill:
Intangible assets of a company such as reputation, brand name, patents, expertise, customer base, business relationships and innovations. Goodwill may only be included in the balance sheet if it has been acquired through purchase (so-called derivative goodwill). It must be amortised within five years, according to German commercial law (HGB). "
Intangible assets of a company such as reputation, brand name, patents, expertise, customer base, business relationships and innovations. Goodwill may only be included in the balance sheet if it has been acquired through purchase (so-called derivative goodwill). It must be amortised within five years, according to German commercial law (HGB). "
4 KudoZ points awarded for this answer.
Comment: "Thanks Alison - fast!!"
17 mins
acquired goodwill
1. That's the translation offered by Hamblock/Wessels.
2. Stacks of google matches to support it.
HTH,
Steve
2. Stacks of google matches to support it.
HTH,
Steve
Reference:
13 hrs
Eva Blanar
Hungary
Hungary
Specializes in field
Hungary
Nil satis nisi optimum
Native in: Hungarian
Works in: English to Hungarian, French to Hungarian, German to Hungarian, and 2 more.
Related KudoZ points
:
29
Goodwill is only part of the company value...
... and it is basically the difference between the net asset value and the purchase price (at an acquisition). This is why the goodwill shall appear in the books, and this is why it is "derived". Let me quote one paragraph from an accountancy book (JR Edwards-HJ Mellett:Accountancy for Banking Students, The Chartered Institute of Bankers):
"Goodwill arises as a result of business conncetions built up over a period of time. It is calculated as the difference between the value of the business as a whole and the aggregate of 'fair' values of its various identifiable assets -both tangible and intangible.(...) Goodwill may be classified into 'purchased goodwill' which arises on the acquisition of an existing business, and 'non-purchased goodwill' which has been built up over time but has no value which has been evidenced by an arms length transaction. SSAP 22 categorically states that only purchased goodwill should be recognised in the accounts. The main reason for excluding non-purchased goodwill is that its value is subject to wide fluctuations due to both internal and external circumstances, making any assessment of its worth highly subjective and problematic."
PS I hope you were not serious about explanations in Croatian.
"Goodwill arises as a result of business conncetions built up over a period of time. It is calculated as the difference between the value of the business as a whole and the aggregate of 'fair' values of its various identifiable assets -both tangible and intangible.(...) Goodwill may be classified into 'purchased goodwill' which arises on the acquisition of an existing business, and 'non-purchased goodwill' which has been built up over time but has no value which has been evidenced by an arms length transaction. SSAP 22 categorically states that only purchased goodwill should be recognised in the accounts. The main reason for excluding non-purchased goodwill is that its value is subject to wide fluctuations due to both internal and external circumstances, making any assessment of its worth highly subjective and problematic."
PS I hope you were not serious about explanations in Croatian.
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