1 thought on “What does currency replacement mean?”
Gerardo
It means literally, and uses the equivalent currency to replace the corresponding thing. For example, a financial leased a device, with a total price of 800,000. After a few years, the book residual value is 500,000. At this time, the company wants to replace the updated equipment. It is just that another customer of the financing company needs to buy a second -hand. Equipment quotes about 600,000 to the outside world. In order to earn the difference, the financing company replaces the device from the first company with 50 currencies and then sells it to the second company.
In the above example, you can see that the so -called currency replacement is equivalent to the meaning of price redemption and purchase. But the reason why this is not called is because in terms of accounting and law, in order to clarify the subject of debt and debt. For example, the above example, although the financing leasing is equivalent to its own assets, but in actual legal relations, the asset is still a financing company. The name is currency replacement.
. For example, someone set up a company with a price of 800,000 and another person’s money capital, but after that, the patented technology faced the allegations of patent infringement. Xiang’s capital contribution is obviously facing problems. Therefore, the person invested in the technology of 800,000 currencies to replace the technology capital contribution and continue to retain its shares in the company. In this case, it can only be replaced, because the patented technology is his, and the 800,000 capital contribution is also his. It cannot be bought by himself from his own hands. And legal logic does not meet.
It means literally, and uses the equivalent currency to replace the corresponding thing. For example, a financial leased a device, with a total price of 800,000. After a few years, the book residual value is 500,000. At this time, the company wants to replace the updated equipment. It is just that another customer of the financing company needs to buy a second -hand. Equipment quotes about 600,000 to the outside world. In order to earn the difference, the financing company replaces the device from the first company with 50 currencies and then sells it to the second company.
In the above example, you can see that the so -called currency replacement is equivalent to the meaning of price redemption and purchase. But the reason why this is not called is because in terms of accounting and law, in order to clarify the subject of debt and debt. For example, the above example, although the financing leasing is equivalent to its own assets, but in actual legal relations, the asset is still a financing company. The name is currency replacement.
. For example, someone set up a company with a price of 800,000 and another person’s money capital, but after that, the patented technology faced the allegations of patent infringement. Xiang’s capital contribution is obviously facing problems. Therefore, the person invested in the technology of 800,000 currencies to replace the technology capital contribution and continue to retain its shares in the company. In this case, it can only be replaced, because the patented technology is his, and the 800,000 capital contribution is also his. It cannot be bought by himself from his own hands. And legal logic does not meet.