This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. English
  3. Accounting

recognized rateably

English translation: accounted for proportionately

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:recognized rateably
Selected answer:accounted for proportionately
Entered by: Adele Oliveri

18:40 Jun 6, 2008
English language (monolingual) [PRO]
Bus/Financial - Accounting
English term or phrase: recognized rateably
Hi, can you please explain to me the meaning of the expression between **? A controversy has arisen in the English-Italian section and we don't know how to solve it. Thanks :-)

XX's policy requires that software licence revenue is **recognized rateably** over the licence term, and therefore has the effect of deferring a higher proportion of bookings to future periods. This contributes to a future guaranteed revenue stream.
Adele Oliveri
Italy
Local time: 02:08
accounted for proportionately
Explanation:
That the revenue is spread over future periods either on a straight line basis, just dividing the period on a time base, or possibly, if greater revenues accrue in a particular period, then on a basis of supply.
Selected response from:

Jack Dunwell
France
Local time: 02:08
Grading comment
Thanks again :-)
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +1accounted for proportionately
Jack Dunwell


  

Answers


30 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
accounted for proportionately


Explanation:
That the revenue is spread over future periods either on a straight line basis, just dividing the period on a time base, or possibly, if greater revenues accrue in a particular period, then on a basis of supply.

Jack Dunwell
France
Local time: 02:08
Meets criteria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks again :-)
Notes to answerer
Asker: Thank you guys. that's *exactly* what I thought :-)


Peer comments on this answer (and responses from the answerer)
agree  Ken Cox: yep -- to spell it out, with a 3-year license, 1/3 of the license fee would be recognised as revenue in the 1st year, 1/3 in the 2nd year, and 1/3 in the 3rd year, instead of recognising the full fee as revenue in the year when it is issued
1 hr
  -> Thank you Ken
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search