déduction sous limite de franchise

10:55 Oct 4, 2011
This question was closed without grading. Reason: No acceptable answer

French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: déduction sous limite de franchise
I can't quite get my head round this phrase within a document entitled "Proposition de traitement de l’assurance dans le ratio bancaire"

This is the relevant extract:

"Le Comité a proposé de répliquer pour les entités d’assurance le principe de déduction sous limite de franchise mis en œuvre pour les participations minoritaires dans les entités bancaires ou financières".

Any help greatly appreciated.
Paul Stevens
Local time: 03:59


Summary of answers provided
3deduction up to the amount of the franchise
Michelle Desaintfuscien
3deduction up to the amount of the excess
B D Finch


Discussion entries: 3





  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
deduction up to the amount of the franchise


Explanation:
This is how I understand it:

deduction up to the amount of the franchise (or deduction up to the franchise amount)

Michelle Desaintfuscien
France
Local time: 04:59
Works in field
Native speaker of: English
PRO pts in category: 3

Peer comments on this answer (and responses from the answerer)
neutral  B D Finch: The French insurance term "franchise" is "excess" in English.
3 hrs
  -> OK, thanks BD. I thought I was being safe by googling the term "insurance franchise" to be sure that it was used in English. But I can see from your note that it's not exactly the same thing. Thanks again.
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
deduction up to the amount of the excess


Explanation:
https://travel.rias.co.uk/Content/Documents/Policy Summary.p...
" ... replacement cost basis; thus a deduction is made for wear, tear, and ... part of the claim up to the amount of the excess per Insured Person each and every ..."

Though the following uses "limit", it is more usual (and correct) to use "amount".

www.motorhomebookers.com/ireland/bunk.../rental_info.htm?.....
"... vehicle or the driver of another vehicle flees the scene, the renter is liable up to the limit of the excess."

"Even if your card covers your insurance, if you damage the car you will have to pay for the damage (up to the excess) and then lodge a claim with your card company or the insurance company that it uses. The rental company cannot make a claim on your insurance."
http://carhireexcessinsurance.blogspot.com/2010_08_01_archiv...


--------------------------------------------------
Note added at 5 hrs (2011-10-04 16:24:12 GMT)
--------------------------------------------------

"Excess and franchise<\b>

Some policies include either an excess or franchise clause. Excess represents a predetermined amount that is deducted from a claim and is used to discourage irresponsible, malicious and small claims. Franchise means a percentage of the value of a loss, below which no payment is made but above which total compensation is paid."
http://www.businesslink.gov.uk/bdotg/action/detail?itemId=10...

In French, an excess is known as a "franchise".

--------------------------------------------------
Note added at 5 hrs (2011-10-04 16:25:14 GMT)
--------------------------------------------------

Sorry for the bold, I got my / and my \ mixed up!

B D Finch
France
Local time: 04:59
Works in field
Native speaker of: English
PRO pts in category: 146
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search