Glossary entry (derived from question below)
Spanish term or phrase:
REI negativo de existencias
English translation:
Loss by inventory exposure to inflation
Added to glossary by
Alfredo Tanús
Apr 9, 2007 13:27
17 yrs ago
4 viewers *
Spanish term
REI negativo de existencias
Spanish to English
Bus/Financial
Finance (general)
Appears in the Notes to the Financial Statements under Deferred income tax and employee share-based payments.
REI - real estate for investment
Unsure how to translate "negativo de existencias"
REI - real estate for investment
Unsure how to translate "negativo de existencias"
Proposed translations
(English)
| 5 | Loss by inventory exposure to inflation |
Alfredo Tanús
|
Proposed translations
1 hr
Alfredo Tanús
Native in Spanish
Specializes in field
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Native in: Spanish
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
40
Selected
Loss by inventory exposure to inflation
Ivana: REI stands for Resultado por Exposicion a la Inflacion (profit/loss generated by exposure to inflation)
Therefore, this text means that a loss was generated by the effect of inflation over the inventory value.
Therefore, this text means that a loss was generated by the effect of inflation over the inventory value.
Note from asker:
| Thanks for putting me straight Alfredo - no wonder I couldn't fathom what on earth real estate for investment had to do with inventories!! |
4 KudoZ points awarded for this answer.
Comment: "Thanks again for your help!"
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