Glossary entry (derived from question below)
Aug 11, 2008 10:39
15 yrs ago
27 viewers *
English term
allocations
English
Bus/Financial
Business/Commerce (general)
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?
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5.4. Amounts, rates, and procedure for allocations from the receipts in foreign currency shall be regulated in accordance with the current legislation.
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.
Responses
4 +2 | currency distribution of export receipts | ErichEko ⟹⭐ |
Change log
Aug 25, 2008 11:59: ErichEko ⟹⭐ Created KOG entry
Responses
+2
11 mins
English term (edited):
allocations from the receipts in foreign currency
Selected
currency distribution of export receipts
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.
...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.
4 KudoZ points awarded for this answer.
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