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legacy business

Arabic translation: أعمال صغيرة ذات سمعة حسنة مكتسبة

09:41 Mar 8, 2020
English to Arabic translations [Non-PRO]
Bus/Financial - Finance (general) / valuation
English term or phrase: legacy business
the current goodwill impairment framework allows for the fair value of the:
1) acquired business,
2) legacy business, or
3) combination of the two


Acquired goodwill can be shielded from impairment by unrecognised headroom of the legacy business that becomes part of the Tested Unit post acquisition.
Internally generated headroom primarily consists of self-generated and unrecognised intangible assets and goodwill of the legacy business of the Tested Unit.
Because these assets are not recognised on the balance sheet, there exists a difference in basis between the fair value of the legacy business of the Tested Unit which implicitly includes the value of such assets, and the carrying value (i.e., book value) of the legacy business of the Tested Unit which does not recognise the assets.
Hanan90
Saudi Arabia
Local time: 16:22
Arabic translation:أعمال صغيرة ذات سمعة حسنة مكتسبة
Explanation:
Legacy businesses are defined as a type of established business
(minimum of 10 years in operation) that is small (typically less than
ten employees), accessible (i.e. pedestrian-oriented, contributes
to the ground-level streetscape), retail or food service sector
oriented, and independently owned. However, the primary defining
attribute is that these businesses serve some community function
that goes above and beyond the simple sale of goods and services.
Slang for a traditional brick-and-mortar firm. Accurate or not, anything characterized as "legacy" is perceived to be old or outdated (as opposed to a new economy company, for example).

Selected response from:

Ramadan Ibrahim
United Arab Emirates
Local time: 17:22
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
5أعمال صغيرة ذات سمعة حسنة مكتسبة
Ramadan Ibrahim
2 +1أعمال مورثة
HATEM EL HADARY


  

Answers


8 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
أعمال مورثة


Explanation:
أعمال مورثة

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Note added at 11 mins (2020-03-08 09:53:17 GMT)
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أعمال موروثة

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Note added at 13 mins (2020-03-08 09:55:33 GMT)
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الأعمال التي تم القيام بها قديما تحت اسم الشركة


https://books.google.it/books?id=0V95DwAAQBAJ&pg=PA28&lpg=PA...

HATEM EL HADARY
Local time: 15:22
Works in field
Native speaker of: Native in ArabicArabic, Native in EnglishEnglish
PRO pts in category: 408

Peer comments on this answer (and responses from the answerer)
agree  adel almergawy
2 hrs
Login to enter a peer comment (or grade)

30 mins   confidence: Answerer confidence 5/5
أعمال صغيرة ذات سمعة حسنة مكتسبة


Explanation:
Legacy businesses are defined as a type of established business
(minimum of 10 years in operation) that is small (typically less than
ten employees), accessible (i.e. pedestrian-oriented, contributes
to the ground-level streetscape), retail or food service sector
oriented, and independently owned. However, the primary defining
attribute is that these businesses serve some community function
that goes above and beyond the simple sale of goods and services.
Slang for a traditional brick-and-mortar firm. Accurate or not, anything characterized as "legacy" is perceived to be old or outdated (as opposed to a new economy company, for example).



Example sentence(s):
  • Legacy businesses serve as community gathering spots, hubs of social capital and cohesion, and valuable “third spaces” apart from home and work that support local culture and stability.

    Reference: http://https://www.seattle.gov/Documents/Departments/economi...
    Reference: http://https://www.netlingo.com/word/legacy-business.php
Ramadan Ibrahim
United Arab Emirates
Local time: 17:22
Works in field
Native speaker of: Arabic
PRO pts in category: 16
Grading comment
thanks
Login to enter a peer comment (or grade)



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