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tulajdonosi hitel

English translation: inter-company loan from parent to subsidiary

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Hungarian term or phrase:tulajdonosi hitel
English translation:inter-company loan from parent to subsidiary
Entered by: Katalin Horváth McClure

11:25 Mar 3, 2011
Hungarian to English translations [PRO]
Bus/Financial - Finance (general)
Hungarian term or phrase: tulajdonosi hitel
Az (anya)cég ezen a módon juttatja - kedvező kondiciójú - forráshoz (leány)vállalatát.
fiveca
(intra-company) loan from parent to subsidiary
Explanation:
Ha a kérdésben megadott helyzetről van szó (anyavállalat hitelez a leányvállalatnak), akkor az anyacég a "parent", a leányvállalat a "subsidiary". (Ha a "tulajdonos" mást jelent, akkor ez a megoldás nyilván nem használható.)
A vállalaton belüli (vagyis a vállalat különböző egységei közötti) hitelezés a számvitelben "intra-company loan", és ennek az egyik fajtája a "loan from parent to subsidiary".

http://www.dummies.com/how-to/content/reading-consolidated-f...
"Sometimes a parent company loans money to a subsidiary or a subsidiary loans money to a parent company; in these business transactions, one company may charge the other one interest on the loan. On the consolidated statements, any interest revenue or expenses that these loans generate must be eliminated."

http://www.gt.co.za/files/publications/eifrs_feb07.pdf

"Accounting for loans between group companies in the separate financial statements of the lender and borrower can be complicated if they are not on arm's length terms. The latest edition of e-IFRSline aims to shed some light on accounting for inter-company loans.
...
Given that there is no active market for inter-company loans, fair value will usually need to be estimated. IAS 39 AG 64 indicates that the appropriate way to do this is to determine the present value of future cash receipts using a market rate of interest for a similar instrument.
The difference between fair value and loan amount then needs to be accounted for:
Where the loan is from a parent to a subsidiary, it would be inappropriate to recognise a gain or loss for the discount or premium; in substance this is an additional contribution by the parent (or a return of capital/distribution by the subsidiary). Contributions from and distributions to "equity participants" do not meet the basic definition of income or expenses.
...
5 Fixed term loans - from parent to subsidiary

Where the loan is from a parent to a subsidiary the difference between the loan amount and the fair value (discount or premium) should be recorded as:
· an investment in the parent's financial statements (as a component of the overall investment in the subsidiary);
· a component of equity in the subsidiary's financial statements."
Selected response from:

Katalin Horváth McClure
United States
Local time: 22:23
Grading comment
az anya-leány szándékosan szerepelt zárójelben, de az általad megadott magyarázatok, valamint további, bankosok vonalán folytatott érdeklődés és az alábbi link (www.yamajo-tax.com/english/svsb.html) is ezt a megoldást támasztják alá. köszönöm.
3 KudoZ points were awarded for this answer



Summary of answers provided
5 +1intercompany loan
Ildiko Santana
4 +1(intra-company) loan from parent to subsidiary
Katalin Horváth McClure
4owner's loan / member's loan
József Lázár


Discussion entries: 3





  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
owner's loan / member's loan


Explanation:
kft-nél member inkább.

József Lázár
Hungary
Local time: 04:23
Native speaker of: Native in HungarianHungarian
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Katalin Horváth McClure: Na de itt anyavállalatról és leányvállalatról van szó.
2 hrs
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
(intra-company) loan from parent to subsidiary


Explanation:
Ha a kérdésben megadott helyzetről van szó (anyavállalat hitelez a leányvállalatnak), akkor az anyacég a "parent", a leányvállalat a "subsidiary". (Ha a "tulajdonos" mást jelent, akkor ez a megoldás nyilván nem használható.)
A vállalaton belüli (vagyis a vállalat különböző egységei közötti) hitelezés a számvitelben "intra-company loan", és ennek az egyik fajtája a "loan from parent to subsidiary".

http://www.dummies.com/how-to/content/reading-consolidated-f...
"Sometimes a parent company loans money to a subsidiary or a subsidiary loans money to a parent company; in these business transactions, one company may charge the other one interest on the loan. On the consolidated statements, any interest revenue or expenses that these loans generate must be eliminated."

http://www.gt.co.za/files/publications/eifrs_feb07.pdf

"Accounting for loans between group companies in the separate financial statements of the lender and borrower can be complicated if they are not on arm's length terms. The latest edition of e-IFRSline aims to shed some light on accounting for inter-company loans.
...
Given that there is no active market for inter-company loans, fair value will usually need to be estimated. IAS 39 AG 64 indicates that the appropriate way to do this is to determine the present value of future cash receipts using a market rate of interest for a similar instrument.
The difference between fair value and loan amount then needs to be accounted for:
Where the loan is from a parent to a subsidiary, it would be inappropriate to recognise a gain or loss for the discount or premium; in substance this is an additional contribution by the parent (or a return of capital/distribution by the subsidiary). Contributions from and distributions to "equity participants" do not meet the basic definition of income or expenses.
...
5 Fixed term loans - from parent to subsidiary

Where the loan is from a parent to a subsidiary the difference between the loan amount and the fair value (discount or premium) should be recorded as:
· an investment in the parent's financial statements (as a component of the overall investment in the subsidiary);
· a component of equity in the subsidiary's financial statements."

Katalin Horváth McClure
United States
Local time: 22:23
Works in field
Native speaker of: Native in HungarianHungarian
PRO pts in category: 117
Grading comment
az anya-leány szándékosan szerepelt zárójelben, de az általad megadott magyarázatok, valamint további, bankosok vonalán folytatott érdeklődés és az alábbi link (www.yamajo-tax.com/english/svsb.html) is ezt a megoldást támasztják alá. köszönöm.

Peer comments on this answer (and responses from the answerer)
agree  János Untener
3 hrs
disagree  Ildiko Santana: Ahogy az általad idézett szövegben is szerepel, "INTER-company loan", azaz vállalatKÖZI hitelről van szó, nem vállalaton BELÜLI (INTER-company) hitelről. Az anyavállalat és a leányvállalata nem egyazon cég, hanem két külön vállalkozás, így az INTER- a jó.
5 hrs
  -> Valóban inter. Én azt gondoltam, hogy csak akkor inter-, ha a leányvállalat másik országban van, de nem, azonos országon belül is inter. Viszont a parent to subsidiary fontos, mert az intercompany loan tágabb értelmű.
agree  Istvan Nagy
5 days
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3 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
intercompany loan


Explanation:
Tulajdonképpen vállalatközi hitel, de az angol nem tesz különbséget, ha a tulajdonos (parent company) adja a leányvállalatnak (subsidiary) vagy fordítva, esetleg két leányvállalat között. Néha kötőjellel is írják: inter-company loan.

A loan given by parent company to subsidiary company:
https://forums.sdn.sap.com:443/thread.jspa?threadID=1456571&...

Parent A extends a loan to Subsidiary B:
http://www.fasb.org/derivatives/issueh12.shtml

Tulajdonosi hitel - Intercompany loan
http://webcache.googleusercontent.com/search?q=cache:O3Fy2ZJ...

--------------------------------------------------
Note added at 3 hrs (2011-03-03 14:53:17 GMT)
--------------------------------------------------

Technical Accounting Alert
Inter-company loans
Introduction
This alert will give you an insight to the different treatments for intercompany loans, i.e. between parent and subsidiary or between subsidiaries.
http://www.grantthornton.com.au/files/ta_alert_2009-11_inter...

Esetleg még használható a PARENT LOAN kifejezés is, bár nem túl gyakori.
The parent lender may secure against assets being transferred to the subsidiary and out of reach by collateralizing the parent loan with the assets at both companies.
http://www.americancapital.com/resources/uses_of_financing/a...

--------------------------------------------------
Note added at 3 hrs (2011-03-03 14:56:42 GMT)
--------------------------------------------------

The advantage of an intra-firm PARENT LOAN over external subsidiary debt is that there are no bankruptcy costs associated with internal loans. ...
http://www.anderson.ucla.edu/faculty/bhagwan.chowdhry/jcf1.p...

--------------------------------------------------
Note added at 8 hrs (2011-03-03 19:36:38 GMT)
--------------------------------------------------

Szerintem fontos különséget tenni a -belüli/belső (intra-) és a -közötti/-közti (inter-) között:

Definition of INTRA-
a : within (intragalactic)
http://www.merriam-webster.com/dictionary/intra

Definition of INTER-
: between : among : in the midst (intercrop, interpenetrate, interstellar)
http://www.merriam-webster.com/dictionary/inter

Véleményem szerint - és a példák alapján is - az ilyen tulajdonosi hitel vállalatközi, tehát inter-company. Már bánom, hogy azt az utolsó hivatkozást feltettem, mert ott "intra-" szerepel... A "parent loan" viszont jó lehet az adott esetben.

--------------------------------------------------
Note added at 5 days (2011-03-09 07:47:40 GMT)
--------------------------------------------------

Most bukkantam erre a hasznos anyagra, amelynek tárgya INTER-COMPANY LOANs. Ebből is úgy tűnik, hogy a különböző variációkra ugyanazt a kifejezést használják, a többi részlet a szövegkörnyezetből (a hitelszerződésből és könyvelésből) derül ki.

"Accounting for loans between group companies in the separate financial statements of the lender and borrower can be complicated if they are not on arm's length terms. The latest edition of e-IFRSline aims to shed some light on accounting for inter-company loans.

Inter-company loans meet the definition of financial instruments and are therefore within the scope of IAS 39. IAS 39 requires that financial instruments are initially recognised at fair value. Where inter-company loans are made on normal commercial terms, no specific accounting issues arise and the fair value at inception will usually equal the loan amount.
(...)
Where the loan is from a parent to a subsidiary the difference between the loan amount and the fair value (discount or premium) should be recorded as:
• an investment in the parent's financial statements (as a component of the overall investment in the subsidiary);
• a component of equity in the subsidiary's financial statements.
(...)
Where the loan is from a parent to a subsidiary, it would be inappropriate to recognise a gain or loss for the discount or premium; in substance this is an additional contribution by the parent (or a return of capital/distribution by the subsidiary). Contributions from and distributions to "equity participants" do not meet the basic definition of income or expenses."
http://www.gt.co.za/files/publications/eifrs_feb07.pdf

Ildiko Santana
United States
Local time: 19:23
Specializes in field
Native speaker of: Native in HungarianHungarian, Native in EnglishEnglish
PRO pts in category: 171
Notes to answerer
Asker: köszönöm szépen. a választott megoldásnál is részletezett glossary magyarázat miatt mennék inkább ez esetben az intra-val


Peer comments on this answer (and responses from the answerer)
neutral  Katalin Horváth McClure: Hozzá kell tenni, hogy "parent to subsidiary", különben nem egyértelmű, pl: "supplier sells to a retailer, this is said to be an intercompany transaction."//"Most bukkantam erre a hasznos anyagra"- ugyanezt adtam meg én is a válaszomban (egy hete kb?).
6 hrs
  -> Szerintem is, ezért is javasoltam ezeket (is) fenti válaszomban. Köszönöm az egyetértést.
agree  Istvan Nagy
5 days
  -> Köszönöm
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