Altforderungen

English translation: receivables previously written off (as uncollectable)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Altforderungen
English translation:receivables previously written off (as uncollectable)
Entered by: foehnerk (X)

12:27 Oct 29, 2004
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: Altforderungen
Relates to the sale of receivables that had been previously written off. Are these "old receivables" in English, or is there a better accounting term?
foehnerk (X)
Local time: 20:20
receivables previously written off (as uncollectable)
Explanation:
I googled for the above exact term, and was rather surprised to get 181 hits... Here's one of them:
NANOPHASE TECHNOLOGIES CORPORATION... Trade receivables are written off when deemed uncollectable. Recoveries of trade receivables previously written off are recorded when received. ...
www.edgar-online.com/lycos/quotecom/ glimpse/glimpse.pl?sym=NANX&id=1
Selected response from:

David Moore (X)
Local time: 02:20
Grading comment
Thansk. This seemto fit my context best.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2delinquent accounts
Melissa Field
4Old account receivables
Lys Nguyen
4receivables previously written off (as uncollectable)
David Moore (X)


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Old account receivables


Explanation:
--

Lys Nguyen
Vietnam
Local time: 07:20
Works in field
Native speaker of: Native in EnglishEnglish, Native in VietnameseVietnamese
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27 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
receivables previously written off (as uncollectable)


Explanation:
I googled for the above exact term, and was rather surprised to get 181 hits... Here's one of them:
NANOPHASE TECHNOLOGIES CORPORATION... Trade receivables are written off when deemed uncollectable. Recoveries of trade receivables previously written off are recorded when received. ...
www.edgar-online.com/lycos/quotecom/ glimpse/glimpse.pl?sym=NANX&id=1


David Moore (X)
Local time: 02:20
Native speaker of: English
PRO pts in category: 77
Grading comment
Thansk. This seemto fit my context best.
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30 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
delinquent accounts


Explanation:
or uncollectible accounts receivable

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Note added at 33 mins (2004-10-29 13:00:50 GMT)
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That second link did not work too well, but try copying and pasting. It\'s an interesting site.


    Reference: http://www.sec.gov/litigation/admin/34-47808.htm
    highered.mcgraw-hill.com/sites/ 0072423390/student_view0/glossary.html
Melissa Field
Local time: 20:20
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  gangels (X)
1 hr

agree  Mario Marcolin
5 hrs
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