augmentation des coûts en monnaie

English translation: increase in costs in real terms

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:augmentation des coûts en monnaie
English translation:increase in costs in real terms
Entered by: Gaurav Sharma

08:12 Jan 22, 2015
French to English translations [PRO]
Bus/Financial - Finance (general) / First quarter results
French term or phrase: augmentation des coûts en monnaie
Cette augmentation des coûts en monnaie constante résulte de l'intégration des activités [nom de la société B] et des investissements dans certaines activités essentielles, comme indiqué ci-après.

"increase in total cost"

TIA
Gaurav Sharma
India
increase in costs in real terms
Explanation:
mchd is absolutely right. The expression is "en monnaie constante", which means allowing for inflation (or, if applicable, fluctuations in exchange rates):

"Une monnaie constante est une monnaie ayant un pouvoir d'achat constant dans le temps. Sa valeur théorique est calculée pour une année donnée, et pour éliminer toute variation due à l'inflation ou la déflation."
http://fr.wikipedia.org/wiki/Monnaie_constante

"in real terms
Growth, income, value, wage, yield, etc., expressed as a quantity from which unreal (apparent or nominal) increase caused by inflation has been subtracted."
http://www.businessdictionary.com/definition/in-real-terms.h...
Selected response from:

Charles Davis
Spain
Local time: 21:52
Grading comment
Many thanks David.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3increase in costs in real terms
Charles Davis
5increase in real cost
Francois Boye
4cost increase in constant currency
B D Finch
4 -1increase of cost in local currency
telefpro
Summary of reference entries provided
Possible false friend
Edgar Bettridge

Discussion entries: 4





  

Answers


12 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
increase of cost in local currency


Explanation:
hope it helps

telefpro
Local time: 01:22
Specializes in field
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
disagree  AllegroTrans: I cannot see where you get "local currency" from as it simply does not say that
17 hrs
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42 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
increase in costs in real terms


Explanation:
mchd is absolutely right. The expression is "en monnaie constante", which means allowing for inflation (or, if applicable, fluctuations in exchange rates):

"Une monnaie constante est une monnaie ayant un pouvoir d'achat constant dans le temps. Sa valeur théorique est calculée pour une année donnée, et pour éliminer toute variation due à l'inflation ou la déflation."
http://fr.wikipedia.org/wiki/Monnaie_constante

"in real terms
Growth, income, value, wage, yield, etc., expressed as a quantity from which unreal (apparent or nominal) increase caused by inflation has been subtracted."
http://www.businessdictionary.com/definition/in-real-terms.h...

Charles Davis
Spain
Local time: 21:52
Native speaker of: English
PRO pts in category: 24
Grading comment
Many thanks David.

Peer comments on this answer (and responses from the answerer)
agree  Edgar Bettridge: see ref
30 mins
  -> Many thanks, Edgar

agree  AllegroTrans
16 hrs
  -> Thanks, Allegro!

agree  Yolanda Broad
18 hrs
  -> Thanks, Yolanda :)
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1 day 9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
cost increase in constant currency


Explanation:
"An exchange rate that eliminates the effects of exchange rate fluctuations and that is used when calculating financial performance numbers. Companies with major foreign operations often use constant currencies when calculating their yearly performance measures.
INVESTOPEDIA EXPLAINS 'Constant Currencies'

For example, consider a French company that sells primarily abroad and sets its prices according to U.S. dollars. If sales increase 10% in dollar terms, but the dollar fell 5% against the franc during the year, only a 5% increase in sales will be reported in the accounts, unless a constant currency is applied in the calculation. In other words, the use of constant currencies allows companies to show performance unaffected by currency fluctuations. "


    Reference: http://www.investopedia.com/terms/c/constantcurrencies.asp
B D Finch
France
Local time: 21:52
Works in field
Native speaker of: English
PRO pts in category: 146
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6 hrs   confidence: Answerer confidence 5/5
increase in real cost


Explanation:
real cost as opposed to nominal cost: this is how economists speak

--------------------------------------------------
Note added at 9 hrs (2015-01-22 17:14:21 GMT)
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real cost means that the goods and services incurred are evaluated with reference prices other than current prices. Reference prices are prices of a past period used as reference.

Nominal cost, on the contrary, is evaluated using current instead of reference prices.



--------------------------------------------------
Note added at 9 hrs (2015-01-22 17:19:20 GMT)
--------------------------------------------------

When you read "in 1990 dollars", this means that 1990 is used as a reference year.

When you read "en monnaie constante" in French, it means that prices of a reference year were used to evaluate the aggregate being talked about. In this case, the aggregate is the total cost.

--------------------------------------------------
Note added at 1 day12 hrs (2015-01-23 21:10:37 GMT)
--------------------------------------------------

http://www.polsci.wvu.edu/duval/ps300/Notes/ConvertNom_to_Re...

Francois Boye
United States
Local time: 15:52
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 305
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Reference comments


1 hr
Reference: Possible false friend

Reference information:
This question does not refer to constant currency. Constant currency would be taux de change constant.

Example sentence(s):
  • Chiffre d’affaires 3ème trimestre : +3,4% à taux de change constant

    Reference: http://www.guerbet.com/fr/notre-groupe/actualites/news-2012/...
Edgar Bettridge
United Kingdom
Works in field
Native speaker of: English
PRO pts in category: 12
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