Glossary entry

French term or phrase:

actif réalisable et disponible et passif exigible

English translation:

current assets and current liabilities

Added to glossary by Sylvia Smith
Oct 15, 2005 13:30
18 yrs ago
4 viewers *
French term

actif réalisable et disponible et passif exigible

French to English Bus/Financial Finance (general) financial statements
Is this just a long way of saying current assets and liabilties? The heading is:

Situation de l’Actif Réalisable et Disponible et du Passif exigible à fin juin 2005

And notes are:

- Seules les créances et les dettes à moins d'un an ont été retenues
- Y compris concours bancaires courants et soldes créditeurs de banque
- Les charges à payer et produits à recevoir sont pris en compte

Thank you!

Discussion

kmaciel Oct 16, 2005:
Current assets and current liabilities is perfectly correct. I provided the suggestion below because I thought you wanted a more elaborate way to express it, reflecting the French original.
Sylvia Smith (asker) Oct 15, 2005:
Sure. Sorry, Jane. This is a telecom company - phone and internet services.
Jane Lamb-Ruiz (X) Oct 15, 2005:
Sylvia: you are asking all these questions and don't even say what this is. All the Financial Cos. are structure differently. I suppose this is not a widget company..could you tell us the type of company? thanx

Proposed translations

+3
2 hrs
Selected

current assets and current liabilities


"Classification of Current Assets and Current Liabilities

The current classification applies to those assets that will be realized in cash, sold, or consumed within one year (or operating cycle, if longer), and those liabilities that will be discharged by use of current assets or the creation of additional current liabilities within one year (or operating cycle, if longer). The current liability section of a balance sheet is also intended to include obligations that are due on demand or will be due on demand within one year from the balance sheet date, even though liquidation may not be expected within that period. Short-term obligations shall be excluded from current liabilities only if the enterprise intends to refinance the obligation on a long-term basis and has the demonstrated ability to consummate the financing."

at http://www.ffsc.org/guidelines/ca_cl.htm

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Note added at 3 hrs 12 mins (2005-10-15 16:43:06 GMT)
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In other words, you were right in the first place. Sorry about the long-winded explanation.
Peer comment(s):

agree michael10705 (X)
1 min
agree df49f (X)
42 mins
agree kmaciel : This is it, in fact. I thought the asker wanted a more elaborate way to say it, to reflect the French style.
8 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks for the confirmation, lenkl!"
4 mins

Redeemable and available assets and matured liabilities

Hope that was helpful.

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Note added at 11 hrs 21 mins (2005-10-16 00:52:31 GMT)
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Current assets and current liabilities is perfectly correct. I provided the suggestion above because I thought the asker wanted a more elaborate way to express it, reflecting the French original.
Something went wrong...
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