Glossary entry (derived from question below)
English term or phrase:
Factored Affiliate
German translation:
Factoring-Mitglied
Added to glossary by
Alexander Schleber (X)
Jul 11, 2001 21:26
22 yrs ago
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English term
Factored Affiliate
English to German
Bus/Financial
Accounting
Accounts Receivable Factored Affiliate
No other context. This is a list of accounts.
Thanks for any help :-)
Angela
Any
No other context. This is a list of accounts.
Thanks for any help :-)
Angela
Any
Proposed translations
(German)
0 | Factoring-Mitglied | Alexander Schleber (X) |
Proposed translations
1 day 3 hrs
Selected
Factoring-Mitglied
Schwierig!
"factoring" ist der Forderungsankauf.
"affiliate" -> affiliated company = Mitglied (in einem Verbund).
An affiliate is usually an independent company that is a member of an association or perhaps a co-operative. Here it seems that the independent company is a member of an association that buys up their receivables. This means that the member receives the amount due, minus a service charge.
Factoring is also used in German and, since there is no direct charm available, I have combined bed with "Mitglied".
HTH
"factoring" ist der Forderungsankauf.
"affiliate" -> affiliated company = Mitglied (in einem Verbund).
An affiliate is usually an independent company that is a member of an association or perhaps a co-operative. Here it seems that the independent company is a member of an association that buys up their receivables. This means that the member receives the amount due, minus a service charge.
Factoring is also used in German and, since there is no direct charm available, I have combined bed with "Mitglied".
HTH
Reference:
4 KudoZ points awarded for this answer.
Comment: "Thanks. This is a tough one, indeed. I had exhausted all my resources, and I had come to the same conclusion. Good to get a confirmation :-)
Angela"
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