Glossary entry (derived from question below)
Spanish term or phrase:
contravalor en euros
English translation:
equivalent value in euro (see below)
Added to glossary by
Taña Dalglish
Aug 18, 2023 19:25
9 mos ago
29 viewers *
Spanish term
contravalor en euros
Spanish to English
Bus/Financial
Accounting
memoria consolidada -
I am having some problems to understand and translate this sentence on the following paragraph:
Para la determinación del valor razonable de los seguros de cambio contratados, se ha utilizado la valoración proporcionada por las entidades financieras. Al 31 de diciembre de 2021 dicha valoración ascendía a 5.703.423 euros. El vencimiento de estos instrumentos estaba fijado en el ejercicio 2022 y ***su nocional conjunto ascendía a 79.717.337 de contravalor en euros*** a 31 de diciembre de 2021. La Compañía registra los citados derivados en la partida “Deudas a corto plazo – Derivados”, registrando las variaciones de valor en la partida “Ajustes por cambio de valor – Operaciones de cobertura” del balance consolidado adjunto.
I would be really grateful for your help and any suggestions.
Thanks a lot!
Para la determinación del valor razonable de los seguros de cambio contratados, se ha utilizado la valoración proporcionada por las entidades financieras. Al 31 de diciembre de 2021 dicha valoración ascendía a 5.703.423 euros. El vencimiento de estos instrumentos estaba fijado en el ejercicio 2022 y ***su nocional conjunto ascendía a 79.717.337 de contravalor en euros*** a 31 de diciembre de 2021. La Compañía registra los citados derivados en la partida “Deudas a corto plazo – Derivados”, registrando las variaciones de valor en la partida “Ajustes por cambio de valor – Operaciones de cobertura” del balance consolidado adjunto.
I would be really grateful for your help and any suggestions.
Thanks a lot!
Proposed translations
(English)
| 2 +3 | equivalent value in euro (see below) |
Taña Dalglish
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| 5 -1 | Countervalue in euros |
Francois Boye
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Change log
Aug 23, 2023 12:27: Taña Dalglish changed "Edited KOG entry" from "<a href="/profile/1793185">soniagp's</a> old entry - "contravalor en euros"" to ""equivalent value in euro (see below)""
Proposed translations
+3
2 hrs
Taña Dalglish
Jamaica
Jamaica
Native in English
Jamaica
Translating the Ideas Behind the Words
Native in: English (Variant: British)
Works in: Spanish to English, English to Spanish, French to English, and 2 more.
Related KudoZ points
:
88
Selected
equivalent value in euro (see below)
These instruments mature in 2022 and their combined notional value is equivalent to 79,717,337 euro at 31 December 2021.
https://www.investopedia.com/terms/n/notionalvalue.asp
What Is Notional Value?
Notional value is a term often used by derivatives traders to refer to the total value of the underlying asset in a contract. It can be the total value of a position, how much value a position controls, or an agreed-upon amount in a contract. Put simply, it is the face value that is used to determine payments on a financial asset. This term is used when describing derivative contracts in the options, futures, forwards, and currency markets.
https://www2.proz.com/kudoz/spanish-to-english/finance-gener...
equivalent value
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Note added at 4 days (2023-08-23 12:26:41 GMT) Post-grading
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Thank you, Sonia.
https://www.investopedia.com/terms/n/notionalvalue.asp
What Is Notional Value?
Notional value is a term often used by derivatives traders to refer to the total value of the underlying asset in a contract. It can be the total value of a position, how much value a position controls, or an agreed-upon amount in a contract. Put simply, it is the face value that is used to determine payments on a financial asset. This term is used when describing derivative contracts in the options, futures, forwards, and currency markets.
https://www2.proz.com/kudoz/spanish-to-english/finance-gener...
equivalent value
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Note added at 4 days (2023-08-23 12:26:41 GMT) Post-grading
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Thank you, Sonia.
Peer comment(s):
| agree |
philgoddard
: Or just euro equivalent.
3 hrs
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Thank you.
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| agree |
Lindsey Sidebottom
17 hrs
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Thank you, Lindsey.
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| agree |
abe(L)solano
2 days 20 hrs
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Thank you so much, Abe.
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4 KudoZ points awarded for this answer.
Comment: "Thanks a lot for your help!"
-1
6 hrs
Francois Boye
United States
United States
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
129
Countervalue in euros
Countervalue is the amount of money you pay in exchange for a service or a purchase.
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Note added at 6 hrs (2023-08-19 01:47:46 GMT)
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What is countervalue in finance?
A countervalue is compensation, in the form of commercial value, in exchange for another value. It can be represented as a good, a service or as money. In the economic context, a countervalue supposes the replication or compensation of a certain value by means of another.
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Note added at 6 hrs (2023-08-19 01:47:46 GMT)
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What is countervalue in finance?
A countervalue is compensation, in the form of commercial value, in exchange for another value. It can be represented as a good, a service or as money. In the economic context, a countervalue supposes the replication or compensation of a certain value by means of another.
Peer comment(s):
| disagree |
John Rynne
: your definition refers to an exchange of one thing for another. The question is about the equivalent in euro of an amount in another currency. One is not being exchanged for the other.
2 days 8 hrs
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Sorry! Currencies are sold and bought. See the FX market.How would you know that one currency is equivalent to another without an FX market?
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Discussion