When participants are asked to translate an ambiguous word, they are slower and less accurate than in the case of single-translation words (e.g., Láxen & Lavour, 2010; Tokowicz & Kroll, 2007). We report an experiment to further examine this multiple-translation effect by investigating the influence of variables shown to be relevant in bilingual processing. The experiment included cognates and non-cognates with one translation or with multiple translations. The latter were presented with their dominant or subordinate translations. Highly-proficient balanced bilinguals responded to a translation recognition task in the two language directions (Catalan–Spanish and Spanish–Catalan). The results showed a significant multiple-translation effect in both cognates and non-cognates. Moreover, this effect was obtained regardless of language dominance and translation direction. Participants were faster and more accurate when performing translation recognition for the dominant than for the subordinate translations. The findings are interpreted adopting the Distributed Representation Model (de Groot, 1992b).