Gewinn/Verlust-Rechnung

English translation: simplified statement of unrealized gains/losses

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Gewinn/Verlust-Rechnung
English translation:simplified statement of unrealized gains/losses
Entered by: Sebastian Witte

07:28 Mar 26, 2021
German to English translations [PRO]
Bus/Financial - Investment / Securities
German term or phrase: Gewinn/Verlust-Rechnung
Hi,

The German end customer has translated his bank and custody account statements into English and needs us to quickly edit these translations:

[Logo: „comdirect“]
Depotbestand
EUR
EUR
EUR
WKN / Verwahrart Bezeichnung
Anzahl / Nominal
letzter Kurs
Währung
Kurswert
Stückzinsen
Kaufwert
Gewinn / Verlust
Die Kaufwerte und damit die Gesamtbewertung in der Depotübersicht stellt lediglich eine vereinfachte ***Gewinn/Verlust-Rechnung*** dar.
Steuerliche Gesichtspunkte werden bei dieser Darstellung nicht berücksichtigt.

Is this really just "The purchase values shown and thus the total portfolio valuation in the custody account overview only represent a simplified ***profit and loss statement***. Tax aspects are not taken into account in this representation."?

American English would be preferred.

Best regards,
Sebastian Witte
Germany
Local time: 01:57
simplified statement of unrealized gains/losses
Explanation:
would be another option. At my brokerage account, that is the name of a tab available where I can see my current holdings, my cost and current market value. I agree with you that simplified statement of gains and losses is also an acceptable translation.
I would also add that Kaufwert could also be translated as "cost basis" and "Kurswert" as "market value", thus making the difference between the two the unrealized gain/loss.
Selected response from:

Ted Wozniak
United States
Local time: 18:57
Grading comment
Thanks very much, Ted.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2simplified statement of unrealized gains/losses
Ted Wozniak


Discussion entries: 2





  

Answers


4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
simplified statement of unrealized gains/losses


Explanation:
would be another option. At my brokerage account, that is the name of a tab available where I can see my current holdings, my cost and current market value. I agree with you that simplified statement of gains and losses is also an acceptable translation.
I would also add that Kaufwert could also be translated as "cost basis" and "Kurswert" as "market value", thus making the difference between the two the unrealized gain/loss.

Ted Wozniak
United States
Local time: 18:57
Meets criteria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 103
Grading comment
Thanks very much, Ted.

Peer comments on this answer (and responses from the answerer)
agree  Susan Starling: Right, I'd definitely include the "unrealized" bit as these are only theoretical gains/losses.
4 hrs

agree  writeaway
4 hrs
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