Glossary entry (derived from question below)
Oct 16, 2011 02:33
12 yrs ago
Chinese term
劳动占用
Chinese to English
Bus/Financial
Finance (general)
国防工业经济效益是指在合理利用自然资源和保护生态环境的条件下能够以尽量少的劳动消耗和物质消耗以及{劳动占用},生产出更多的符合社会需要的产品
I have this explanation from Baidu but I'm not sure how to put it in English. Thanks.
"是指在生产活动、技术改革活动过程中,为正常生产而长期占用的资金、厂房设备、工具和原材料等,分为固定资产投资和流动资金两部分。"
I have this explanation from Baidu but I'm not sure how to put it in English. Thanks.
"是指在生产活动、技术改革活动过程中,为正常生产而长期占用的资金、厂房设备、工具和原材料等,分为固定资产投资和流动资金两部分。"
Proposed translations
(English)
3 | locked up capital | Phil Hand |
5 | Working/Operating Capital | Jun Ng |
References
物化劳动 (materialized labor) | Shirley Lao |
Proposed translations
2 days 3 mins
Selected
locked up capital
Not sure if this is the right technical term, but that's how it's referred to in ordinary conversation.
4 KudoZ points awarded for this answer.
Comment: "Thanks."
4 hrs
Working/Operating Capital
This term fits the Chinese definition you quoted above and is also pretty close to the accounting definition in the link below.
On a side note, I am guessing this Chinese term was probably invented when the word "capital" was still a taboo as it is related to "capitalism", haha....
On a side note, I am guessing this Chinese term was probably invented when the word "capital" was still a taboo as it is related to "capitalism", haha....
Reference:
Reference comments
4 hrs
Reference:
物化劳动 (materialized labor)
Materialized labor: The value of the material and fixed capital (plant, equipment, buildings) used in any process, expressed in units of working time or wages.
http://www.websters-online-dictionary.org/definitions/Materi...
企业劳动占用是指经济单位或企业在经营活动中 "已占用" 但 "尚未被耗费" 的各种形式的 "物化劳动"。
劳动占用量的大小通常由全部资金平均占用额这一价值指标来表示。全部资金平均占用额,其中固定资产由厂房、道路、机械设备、动力、各种运载工具等所组成;流动资金是由成品、半成品、原材料、燃料以及非商品资金和结算资金组成。
http://wiki.mba.cn/_企业劳动占用
经济效果是社会主义生产和再生产过程中劳动占用和劳动消耗量同劳动成果的比较。劳动占用量是指生产过程中占用的物化劳动量,在国营农场里包括固定资产和库存物资。劳动消耗量是指生产中实际消耗的劳动量,包括活劳动消耗和物化劳动消耗
http://www.cnki.com.cn/Article/CJFDTOTAL-ZGNK198102009.htm
In other words, 劳动占用 means that the portion of materialized labor that is occupied but not yet consumed.
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Note added at 4 hrs (2011-10-16 07:13:26 GMT)
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Should be:
In other words, 劳动占用 means that the portion of materialized labor that is acquired but not yet consumed.
--------------------------------------------------
Note added at 6 hrs (2011-10-16 08:56:33 GMT)
--------------------------------------------------
Should be:
In other words, 劳动占用 means the portion of materialized labor that is acquired but not yet consumed.
"that" is redundant here.
http://www.websters-online-dictionary.org/definitions/Materi...
企业劳动占用是指经济单位或企业在经营活动中 "已占用" 但 "尚未被耗费" 的各种形式的 "物化劳动"。
劳动占用量的大小通常由全部资金平均占用额这一价值指标来表示。全部资金平均占用额,其中固定资产由厂房、道路、机械设备、动力、各种运载工具等所组成;流动资金是由成品、半成品、原材料、燃料以及非商品资金和结算资金组成。
http://wiki.mba.cn/_企业劳动占用
经济效果是社会主义生产和再生产过程中劳动占用和劳动消耗量同劳动成果的比较。劳动占用量是指生产过程中占用的物化劳动量,在国营农场里包括固定资产和库存物资。劳动消耗量是指生产中实际消耗的劳动量,包括活劳动消耗和物化劳动消耗
http://www.cnki.com.cn/Article/CJFDTOTAL-ZGNK198102009.htm
In other words, 劳动占用 means that the portion of materialized labor that is occupied but not yet consumed.
--------------------------------------------------
Note added at 4 hrs (2011-10-16 07:13:26 GMT)
--------------------------------------------------
Should be:
In other words, 劳动占用 means that the portion of materialized labor that is acquired but not yet consumed.
--------------------------------------------------
Note added at 6 hrs (2011-10-16 08:56:33 GMT)
--------------------------------------------------
Should be:
In other words, 劳动占用 means the portion of materialized labor that is acquired but not yet consumed.
"that" is redundant here.
Discussion
Total operating working capital =/= Working capital
This is just how it is calculated, not what it is.
Working capital = Current Assets - Current Liabilities
Therefore, in accounting terms, working capital does not include fixed assets.
http://www.investopedia.com/terms/w/workingcapital.asp#axzz1...