Glossary entry (derived from question below)
Spanish term or phrase:
Fondo Comercio Consolidacion
English translation:
Consolidated Goodwill
Added to glossary by
judith ryan
Nov 1, 2013 11:50
10 yrs ago
4 viewers *
Spanish term
Brazil
Very quick turnarounds, consultant
Native in: English 
, Portuguese
Works in: Portuguese to English, Spanish to English, English to Portuguese
Fondo Comercio Consolidacion
Spanish to English
Bus/Financial
Finance (general)
This appears in the financial statements of a company, where a lot of Spanish terms have appeared in a document in Portuguese.
Thanks!
Thanks!
Proposed translations
(English)
| 3 +1 | Consolidated Goodwill |
claudia bagnardi
|
Proposed translations
+1
8 mins
claudia bagnardi
Native in Spanish
Specializes in field
30 years translating law and finance
Native in: Spanish
Works in: English to Spanish, Spanish, Spanish to English, and 1 more.
Related KudoZ points
:
56
Selected
Consolidated Goodwill
Though more context would be necessary.
Explanation:
The difference between the fair value of the consideration given by an acquiring company when buying a business and the aggregate of the fair values of the separable net assets acquired. Goodwill is generally a positive amount. Goodwill should be eliminated by writing it off immediately to the reserves or alternatively by amortization to the profit and loss account over its useful life, to comply with Statement of Standard Accounting Practice 22, ‘Accounting for Goodwill’.
Please check if it fits in your context.
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Note added at 59 mins (2013-11-01 12:50:22 GMT)
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Business Definition for: consolidated (consolidation) goodwill
Dictionary of Accounting Terms
consolidated (consolidation) goodwill
excess of cost over book value of the investment in a subsidiary. With consolidation, even when the assets and liabilities of the subsidiary are properly stated, and the net assets equal the values placed on them by the parent, an investor may still expect that the advantages of the combination will enable it to earn more than the two companies could earn separately. Therefore, the investor may be willing to pay an additional amount, which is, in effect, a bonus for control of the subsidiary. This bonus is an intangible asset, goodwill created as a result of consolidation. Consolidation has a special meaning in mergers because a newcompany is formed to own the stock of the companies being combined. In that type of reorganization, there is no goodwill. Goodwill arises from a purchase (ACCOUNTING) method merger and represents the difference between purchase price and book value of the acquired company. The meaning of the difference is theoretically the increased earning power of the companies as a result of their combination, but that value is not something superimposed on a balance sheet. It is what is actually paid less what is actually on the books.
Ref:http://www.allbusiness.com/glossaries/consolidated-consolida...
Previous: Consolidated Financial Statement, Consolidated Balance Sheet, Consolidated (CONSOLIDATION) Goodwill ... Investopedia Financial Dictionary: ...
Consolidated Financial Statements: Definition from Answers.com
www.answers.com › ... › Business & Finance › Accounting Dictionary
Previous: Consolidated Balance Sheet, Consolidated (CONSOLIDATION) Goodwill, Consistency. Next: Consolidation ... Investopedia Financial Dictionary: ...
consignment: Definition from Answers.com
www.answers.com › Library › Literature & Language › Dictionary
... Costs (control costs). Next: Consistency, Consolidated (CONSOLIDATION) Goodwill, Consolidated Balance Sheet ... Investopedia Financial Dictionary: .
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Note added at 7 days (2013-11-08 14:45:27 GMT) Post-grading
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My pleasure, Judith.
Explanation:
The difference between the fair value of the consideration given by an acquiring company when buying a business and the aggregate of the fair values of the separable net assets acquired. Goodwill is generally a positive amount. Goodwill should be eliminated by writing it off immediately to the reserves or alternatively by amortization to the profit and loss account over its useful life, to comply with Statement of Standard Accounting Practice 22, ‘Accounting for Goodwill’.
Please check if it fits in your context.
--------------------------------------------------
Note added at 59 mins (2013-11-01 12:50:22 GMT)
--------------------------------------------------
Business Definition for: consolidated (consolidation) goodwill
Dictionary of Accounting Terms
consolidated (consolidation) goodwill
excess of cost over book value of the investment in a subsidiary. With consolidation, even when the assets and liabilities of the subsidiary are properly stated, and the net assets equal the values placed on them by the parent, an investor may still expect that the advantages of the combination will enable it to earn more than the two companies could earn separately. Therefore, the investor may be willing to pay an additional amount, which is, in effect, a bonus for control of the subsidiary. This bonus is an intangible asset, goodwill created as a result of consolidation. Consolidation has a special meaning in mergers because a newcompany is formed to own the stock of the companies being combined. In that type of reorganization, there is no goodwill. Goodwill arises from a purchase (ACCOUNTING) method merger and represents the difference between purchase price and book value of the acquired company. The meaning of the difference is theoretically the increased earning power of the companies as a result of their combination, but that value is not something superimposed on a balance sheet. It is what is actually paid less what is actually on the books.
Ref:http://www.allbusiness.com/glossaries/consolidated-consolida...
Previous: Consolidated Financial Statement, Consolidated Balance Sheet, Consolidated (CONSOLIDATION) Goodwill ... Investopedia Financial Dictionary: ...
Consolidated Financial Statements: Definition from Answers.com
www.answers.com › ... › Business & Finance › Accounting Dictionary
Previous: Consolidated Balance Sheet, Consolidated (CONSOLIDATION) Goodwill, Consistency. Next: Consolidation ... Investopedia Financial Dictionary: ...
consignment: Definition from Answers.com
www.answers.com › Library › Literature & Language › Dictionary
... Costs (control costs). Next: Consistency, Consolidated (CONSOLIDATION) Goodwill, Consolidated Balance Sheet ... Investopedia Financial Dictionary: .
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Note added at 7 days (2013-11-08 14:45:27 GMT) Post-grading
--------------------------------------------------
My pleasure, Judith.
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
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