Glossary entry

English term or phrase:

denominated in hard currency

Romanian translation:

(taxa va fi) exprimata in moneda forte

Added to glossary by Radu DANAILA
Sep 3, 2009 10:42
14 yrs ago
5 viewers *
English term

denominated in hard currency

English to Romanian Bus/Financial Finance (general)
If the fee is charged to an entity with taxable presence in Romania, 19% VAT will generally be applicable. If services are porvided to a foreign client and deemed as non-VAT-able in Romania, the fee will be denominated in hard currency and no VAT will be charged.
Proposed translations (Romanian)
3 +8 (taxa va fi) exprimata in moneda forte
Change log

Sep 17, 2009 06:38: Radu DANAILA Created KOG entry

Proposed translations

+8
5 mins
Selected

(taxa va fi) exprimata in moneda forte

http://www.rubinian.com/dictionar_detalii.php?id=783
"Moneda forte = Moneda liber convertibila, fiind emisa de bancile centrale din tarile dezvoltate, avand la baza potentialul economic ridicat al tarii emitente.
In general, monedele forte sunt mult solicitate pe piata internationala monetara datorita stabilitatii si tendintei permanente de apreciere."





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Note added at 6 mins (2009-09-03 10:48:58 GMT)
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http://www.capital.ro/dictionar/Devize / moneda forte-428.ht...
"Monedă care are o cerere sistematic mai mare decât oferta de pe piaţa valutară. În această categorie pot fi incluse monedele naţiunilor industrializate stabile; cele ale ţărilor subdezvoltate şi din fostul Bloc de răsărit nu au această calitate."
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