Glossary entry (derived from question below)
German term or phrase:
Kapitalwert der Differenzinvestition
English translation:
NPV (net present value) of the difference between the two investments
German term
Differenzinvestition
"Hr. Meier berechnet den Kapitalwert der Differenzinvestition, in dem er die Investition A von der Investition B abzieht und den Kapitalwert der so bestimmten Zahlungsreihe bestimmt.
"Wenn auf der Grundlage des Kapitalwertes sich eine der beiden Investitionen als die bessere herausstellen soll, so kann das nur an der Höhe und des zeitlichen Verlaufs der Zahlungsströme liegen.
Wie kann er aber den Unterschied bestimmen?
Ich kann ja, so denkt er, die eine Investition von der anderen Investition abziehen und erhalte dann als Differenz eben den Unterschied zwischen den Investitionen.
Und dann muss ich nur noch den Kapitalwert der Differenzinvestition bestimmen.
Gedacht, getan.
Hr. Meier berechnet den Kapitalwert der Differenzinvestition, in dem er die Investition A von der Investition B abzieht und den Kapitalwert der so bestimmten Zahlungsreihe bestimmt.
Da der Kapitalwert der Differenzinvestition positiv ist, muss die Investition B besser als die Investition A sein."
Sorry it's so long-winded. Does this mean "alternative investment"? I am not sure what it means. Can anybody help? I would appreciate it greatly.
4 | see discussion below | Bruce Campbell |
4 +1 | [see my suggestion for the whole sentence] | philgoddard |
3 | notional investment | Adrian MM. (X) |
Proposed translations
see discussion below
What the text is discussing is calculating the difference between the NPVs of two alternative investments, Investment A and Investment B, by calculating the NPV of the differences between their future cash flows.
I would translate "Kapitalwert der Differenzinvestition" as the "difference between the NPVs of the two investments".
If you feel you have to literally translate "Differenzinvestition", then you might use "NPV of the difference between the two investments", but I don't think this is as clear as the choice above.
--------------------------------------------------
Note added at 1 day4 hrs (2015-12-19 23:59:10 GMT)
--------------------------------------------------
You can find "Kapitalwert" -> "net present value" (NPV) by searching in proz. There is also an entry in the German wikipedia for "Kapitalwert".
[see my suggestion for the whole sentence]
Hr. Meier berechnet den Kapitalwert der Differenzinvestition, in dem er die Investition A von der Investition B abzieht und den Kapitalwert der so bestimmten Zahlungsreihe bestimmt.
Mr Meier calculates the difference in capital values by deducting investment A from investment B. This determines the capital value of the resulting payment series.
agree |
Alexander Schleber (X)
: Sounds exceedingly logical
39 mins
|
notional investment
Fictitious investment as per online translations looks like a scam.
--------------------------------------------------
Note added at 3 hrs (2015-12-18 22:14:32 GMT)
--------------------------------------------------
notional balancing investment, then, if wanted to express the difference
NVESTMENT SCHEMES Fraudulent investment schemes provide another method for a company to overstate assets by creating fictitious investments
Since there is zero net investment in any such strategy, the percent return can be made as large or small as desired by simply changing the notional value used
http://www.enzyklo.de/Begriff/Differenzinvestition
http://dict.leo.org/deutsch-englisch/differenzinvestition.html
Discussion