allocations

English translation: distribution

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:allocation
Selected answer:distribution
Entered by: ErichEko ⟹⭐

10:39 Aug 11, 2008
English language (monolingual) [PRO]
Bus/Financial - Business/Commerce (general)
English term or phrase: allocations
I am translating a company statute, which was executed several years ago.

In that time there was legal regulation the all companies that export smth. from Ukraine must sell, say 50% of its receipts in foreign currency.

So, the sentence below refers to this situation.

Is the word "allocations" ok here or can somebody advise a better option?

===
5.4. Amounts, rates, and procedure for allocations from the receipts in foreign currency shall be regulated in accordance with the current legislation.
Alexander Onishko
currency distribution of export receipts
Explanation:
It's better to change allocation to distribution, something like this:

...procedure for currency distribution of export receipts shall be....

Here, two changes are made:

1-Drop "foreign" as "currency distribution" implies that there are at least two currencies (of which at least one is foreign).

2-Explicitly state what kind of receipts, i.e. "export receipts" as aforementioned.
Selected response from:

ErichEko ⟹⭐
Indonesia
Local time: 22:52
Grading comment
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +2currency distribution of export receipts
ErichEko ⟹⭐


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
allocations from the receipts in foreign currency
currency distribution of export receipts


Explanation:
It's better to change allocation to distribution, something like this:

...procedure for currency distribution of export receipts shall be....

Here, two changes are made:

1-Drop "foreign" as "currency distribution" implies that there are at least two currencies (of which at least one is foreign).

2-Explicitly state what kind of receipts, i.e. "export receipts" as aforementioned.


ErichEko ⟹⭐
Indonesia
Local time: 22:52
Specializes in field
Native speaker of: Native in IndonesianIndonesian
PRO pts in category: 26

Peer comments on this answer (and responses from the answerer)
agree  Nuno Lima Netto: To me it seems that it means "distribution"
53 mins
  -> Well, thanks Nuno!

agree  Mohamed Mehenoun
3 hrs
  -> Thanks Mohamed!
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