Glossary entry (derived from question below)
Spanish term or phrase:
Baja bienes inversión
English translation:
write off or retirement of capital assets
Added to glossary by
patinba
Oct 9, 2020 09:51
3 yrs ago
29 viewers *
Spanish term
Baja bienes inversión
Spanish to English
Bus/Financial
Law: Taxation & Customs
Taxation, EDI, billing
SPAIN. This term or string appears on its own as part of a billing software program. I understand "bienes inversión" to be investment goods or capital goods, but the problem is what "baja" refers to in this case. I often translate it as cancellation or deregistration, but I'm not sure exactly what it means here.
Proposed translations
(English)
4 | write off of a capital asset | patinba |
4 | discount for investment goods | Francois Boye |
3 | Retirement of capital goods | Adrian MM. |
Change log
Dec 21, 2020 22:16: patinba Created KOG entry
Proposed translations
3 hrs
Selected
write off of a capital asset
Contabilidad-Libros-IRPF-Bienes de Inversión_bajawww.infolex.es › doc › Contabilidad...
Baja de un Bien de Inversión. Descripción. En el momento en el que un bien de inversión deje de estar afecto a la actividad del despacho, se deberá registrar la baja
What Is a Capital Asset? - Investopediawww.investopedia.com › ... › Financial Statements
Sep 29, 2020 — However, most capital expenses cannot be claimed in the year of purchase, but instead must be capitalized as an asset and written off to ...
Baja de un Bien de Inversión. Descripción. En el momento en el que un bien de inversión deje de estar afecto a la actividad del despacho, se deberá registrar la baja
What Is a Capital Asset? - Investopediawww.investopedia.com › ... › Financial Statements
Sep 29, 2020 — However, most capital expenses cannot be claimed in the year of purchase, but instead must be capitalized as an asset and written off to ...
Note from asker:
So far I've been calling it a cancellation, and apparently (according to Linguee, anyway) a write off in Spanish is "cancelación", so we can't be far off. I intend to contact the client directly in the next few days if they don't respond to my online queries. |
Peer comment(s):
neutral |
philgoddard
: It could be a writedown as well. And it's bienes, plural.
6 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks to everyone who collaborated on this query. I still haven't had any response from the Client, so if they can't be bothered, neither can I."
5 hrs
discount for investment goods
This looks like a compacted expression. I surmise that:
baja bienes inversión = baja por bienes de inversión
baja bienes inversión = baja por bienes de inversión
Note from asker:
Yes, it is a truncated expression, and the lack of context makes it difficult to decide what they actually mean. I don't think it will be a discount, but I intend to ask the client directly in the next few days if they don't respond to my online queries. |
10 hrs
Retirement of capital goods
Assets, plant & equipment, like people but without protesting about raising of the retirement age, can be 'retired off', namely taken out of service.
Retirement of assets : file mentally for future ref. or, as an Edinburgh Sheriff / Magistrate once quipped to me, 'take the word and stamp it on yer ... for'ead'.
Retirement of assets : file mentally for future ref. or, as an Edinburgh Sheriff / Magistrate once quipped to me, 'take the word and stamp it on yer ... for'ead'.
Example sentence:
An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence
Discussion
Did you submit my translation to your client?
In many countries, investment goods are lightly taxed to promote investment, capital formation and growth.