MONETARY/NON-MONETARY METHOD


Meaning of MONETARY/NON-MONETARY METHOD in English

Under this translation method, monetary items (e.g. cash , accounts payable and receivable , and long-term debt) are translated at the current rate while non-monetary items (e.g. inventory , fixed assets , and long-term investments) are translated at historical rates .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.