Financial Translation to Cut Down Cultural and Linguistic Barriers
Reference & Education → Language
- Author Charlene Lacandazo
- Published February 27, 2013
- Word count 418
Most people believe that linguistic diversity has cultural benefits for every society. However, when it comes to trade and business between countries with different languages and cultures, implementing a common language for effective communication has been found to increase trade and revenue between countries.
There are a number of major industries in the world that faces dilemma in conducting businesses in different foreign countries. One of these is the financial industry, which definitely requires a common language for communicating financial information. Today, financial firms that are experiencing linguistic diversity, but refuse to utilize the benefits of financial translation services are exposed to the financial crisis and are losing major clients.
One of the main objectives of financial companies is to ensure that the implementation of their rules and agreements are being understood by their clients, and so using an effective financial translation is necessary to secure the accuracy of the interpretation of every detail into the native language of the client.
Financial corporations should always remember that financial documents are a highly specialized field that requires a professional and well-experienced translator in the financial industry. Hence, it would be ideal to seek help from a reputable translation agency that can surely provide a high quality financial translation document.
A financial language document doesn’t only need to be accurate but it also demands a high degree of privacy and confidentiality. The contents of financial documents such as audit reports, financial statement, business plans and any other financial documents are often sensitive matters, and a professional financial translator doesn’t need to be lectured about the confidentiality of the papers because they already understand the guarantees of discretion that they need to offer to their clients.
When translating financial documents, it is important to remember that a single mistranslated text may cause trouble to a financial corporation, and thus, financial translators should exactly know how to perfectly conduct the financial translation process. Just like any other translation document, financial translation should involve a delicate and thorough translation process which includes translating, proofreading, and editing. These main important stages of translation are essential to ensure the credibility and accuracy of the translation end product.
Financial clients should ensure to choose the most credible translation agency for their documents. Choosing the right financial translator for your document is the first major step in any translation, and thus, it is crucial to hire the most professional one. Otherwise, hiring a non-professional financial translator can put your financial business in shame and crisis.
Charlene Lacandazo works for Rosetta Translation, a leading Shanghai translation agency. It specialises in Chinese-English interpreting Chinese-English interpreting.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Will Learning English Ever Rule the World?
- The Epistemological Crisis: How Social Media and Wicked Problems Impact Civil Discourse
- The term "victim" and approximation of meaning in Romance languages
- The Detrimental Impact of the Grammar Translation Method on Developing Speaking Skills
- Crossing Borders: Studying in Japan for Bangladeshi Scholars
- The Most Beautiful Word in the English Language
- Transforming Language Education: Embracing the Potential of Random Task Generators
- Litguide: The Best Solution for Helping Ontario Students Pass the OSSLT
- Applying CLIL methodology in the English classes in Brazil.
- Do not study spoken English, just experience it.
- 11 Essential Tips For Learning Spanish
- How to Learn Japanese With Manga: 5 Books for Beginners
- Kinyarwanda as a Language of the African Nation
- First Africa International Translation Conference
- The History of Arabic Typography – Fonts & Designs
- NAATI CCL Test Dates 2019
- Why We Learn Indonesian
- Wildlife will live to fight another Day
- The Most Common Mistakes In English Grammar That Non-Native Speakers Make
- How Languages Shape The Way We Think
- The Significance of Translation Services to Humanity
- Interest in the Italian language is growing worldwide
- The Top Simple Secrets of Learning a New Language Quickly
- How to choose a qualified Chinese traditional translator
- Why Translation Services Are Important for Business Success
- Two Languages That Require No Translation Services
- How does culture affect the quality of translation?
- Time to Learn Another Major Language or Two!
- Could Malagasy Be Africa’s Most Interesting Language?
- Why Translators Are Indispensable