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Abstandszahlung/en

English translation: indemnity payments

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Abstandszahlung/en
English translation:indemnity payments
Entered by: Antoinette-M. Sixt Ruth

13:17 May 30, 2013
German to English translations [PRO]
Bus/Financial - Construction / Civil Engineering / wettbewerbswidrige Handlungen
German term or phrase: Abstandszahlung/en
Context: "Unzulässige Wettbewerbsbeschränkungen sind insbesondere wettbewerbswidrige Verhandlungen usw. mit anderen über Abgabe oder Nichtabgabe von Angeboten, die zu fordernden Preise und Entrichtung von Ausfallentschädigungen oder Abstandszahlungen."

The above is extracted from the minutes of a contract negotiation meeting.

I do not know 1. if the Abstandszahlugnen are meant to be just another term for Ausfallentschädigungen (probably not) and 2. what the appropriate English translation would be for the latter anyway.

Thank you.
Antoinette-M. Sixt Ruth
Local time: 11:33
indemnity payments
Explanation:
Example from link below:

"The Directive goes on to provide certain minimum levels of protection of commercial agents, in particular concerning the payment of commission (Articles 8-11) and compensation and indemnity payments on termination of an agency contract (Articles 17-19), modelled broadly on the French and German systems briefly discussed above."
http://m.reedsmith.com/files/Publication/23acd8f4-c3c3-4562-...

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Note added at 2 hrs (2013-05-30 15:35:31 GMT)
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Hi Antoinette,
the text seems to say that NEGOTIATIONS with third parties about those things would be considered anti-competitive. That doesn't affect the meaning of the term(s) you have asked about. Perhaps, you might start your sentence something like this:

"Unlawful, anti-competitive practices include..
Selected response from:

Michael Martin, MA
United States
Local time: 12:33
Grading comment
Makes a lot of sense, Michael. Thank you so much.
Antoinette
4 KudoZ points were awarded for this answer



Summary of answers provided
3indemnity payments
Michael Martin, MA


Discussion entries: 1





  

Answers


54 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
indemnity payments


Explanation:
Example from link below:

"The Directive goes on to provide certain minimum levels of protection of commercial agents, in particular concerning the payment of commission (Articles 8-11) and compensation and indemnity payments on termination of an agency contract (Articles 17-19), modelled broadly on the French and German systems briefly discussed above."
http://m.reedsmith.com/files/Publication/23acd8f4-c3c3-4562-...

--------------------------------------------------
Note added at 2 hrs (2013-05-30 15:35:31 GMT)
--------------------------------------------------

Hi Antoinette,
the text seems to say that NEGOTIATIONS with third parties about those things would be considered anti-competitive. That doesn't affect the meaning of the term(s) you have asked about. Perhaps, you might start your sentence something like this:

"Unlawful, anti-competitive practices include..


    Reference: http://books.google.com/books?id=XTlM9xd4wfMC&pg=PA110&lpg=P...
    Reference: http://www.irmi.com/online/insurance-glossary/terms/i/indemn...
Michael Martin, MA
United States
Local time: 12:33
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 82
Grading comment
Makes a lot of sense, Michael. Thank you so much.
Antoinette
Notes to answerer
Asker: Michael: Your suggestion does come closer to what I understand the meaning of A. is. However, don't you detect a little negative connotation in the German text? I do, and I just don't know how I should express this in the translation. Thank you, Antoinette

Asker: Thanks, Michael. Your suggestions sounds good and appropriate.

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