Commercial Translation
The commercial translation is of great importance in various societies, countries, and cultures, as many individuals need it in various fields around the world, and it is intended to translate commercial contracts and all related papers, documents, letters, requests, certificates, and it is also related to the translation of local agreements, international agreements, and trade agreements, which relate to the economy, stock market and stock exchange, and have an effective role in naming products in other languages such as the contents of pharmaceutical products. There is no doubt that economic and commercial translation plays a very important role in the life of the individual and society alike, due to the perception of all societies that the economy is the basis and pillar of the state where a strong economy means a strong country in various fields.
What Can TRANSLATION ARENA Do in The Field of Commercial and Economic Translation Services?
- Translation of accounting documents and files,
- Translation of documents and financial files,
- Translation of bank documents and files,
- Translation of financial market documents and files,
- Translation of documents and files of marketing materials,
- Translation of economic documents and files,
- Translation of real estate documents,
- Translation of materials related to administrative sciences,
- Translation of financial and administrative training materials,
- Translation of materials related to education, and
- Economic and commercial translation
TRANSLATION ARENA has entered this field of translation due to the growing need for it, which has become an increasing and urgent need. For example, we mention some of the agencies and entities that need commercial translation:
- Banks: It is well known that banks provide services, including being an intermediary between a seller in one country and a buyer in another country, and certainly the bank cannot carry out this mediation in the required manner except by translating the seller’s language into the buyer’s language, and translating the buyer’s language into the seller’s language,
- Merchants and Businessmen: All merchants or businessmen working in the field of import and export need commercial and economic translation. This field cannot achieve remarkable success and progress except through economic translation,
- Institutions Establishment and Companies: Likewise, most of the companies, factories, institutions, establishments, government agencies, and the private sector, who import foreign products of all kinds, need economic translation in a large and effective way.
In short, everyone who exports or imports any product will inevitably need this type of translation, in order to be able to translate (User Manual) or what is called in some countries (the “catalog”), which is a small booklet attached to the product, containing an explanation for how to use the product correctly, this explanation is usually accompanied by pictures.
Rather more than that, if a merchant or businessman wants to start his own business by importing a specific product, he must do a feasibility study for his project (which is: a study of the extent to which the local market accepts to buy this product and fixing the appropriate prices to place it in this market). This is only done by translating the contents of the foreign product, in all its details, from its original language into the language of the merchant who will import this product.
Based on the foregoing, commercial and economic translation cannot be done well if a general translator does it; rather, it clearly needs a specialized translator, as the translator, in this case, does not deal with rhetorical textual content but faces a complex type of translation, related to numbers and statistics, or annual reports for companies, a commercial system that a company or institution runs on, or annual budgets for institutions, establishments or companies, so the economic translator must have high accuracy, focus, and familiarity with economic terminology so that the translation comes out sound and free from errors, and we at TRANSLATION ARENA are able to provide economic translators at the highest level.