This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. English
  3. Law: Contract(s)

price netting

English translation: anti-competitive incentive

22:20 Apr 18, 2007
English language (monolingual) [PRO]
Bus/Financial - Law: Contract(s)
English term or phrase: price netting
Would you explain what this term would be expressed in other words?

Option would have to pay XXX a fixed $5 higher royalty payment per unit to XXX if it purchased AAA from YYY instead of XXX. Other OEMs are subject to discriminatory ***price netting*** under which the royalty the OEM pays under its patent license includes the price of the AAA if the AAA is acquired from a company other than XXX, but excludes the price of the AAA if it is acquired from XXX.

TIA
humbird
Selected answer:anti-competitive incentive
Explanation:
It sounds as if the manufacturers are allowing one supplier to offer the product at a better rate than they allow other suppliers, thus encouraging clients to buy from that supplier in preference to others.
Selected response from:

kmtext
United Kingdom
Local time: 09:34
Grading comment
Thank you kmtext for clearing my head!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4I'd just say 'discriminatory pricing' or 'discriminatory pricing policy'
Alexander Demyanov
3 +1anti-competitive incentive
kmtext
3price adjustment
Els Spin
4 -1cutting back on prices/price cutbacks
Anna Maria Augustine (X)


Discussion entries: 1





  

Answers


13 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
price adjustment


Explanation:
verb (nets, netting, netted) [with obj.] acquire (a sum of money) as clear profit: he netted £2.45 million on the deal.

[with two objs] return (profit or income) for (someone): the land netted its owner a turnover of 800,000.

(net something down/off/out) exclude a non-net amount, such as tax, when making a calculation, in order to reduce the amount left to a net sum: the scrap value should be netted off against the original purchase price.

---

Because the price is increased or reduced depending on where the AAA is acquired, I would go for something like 'adjustment'.

Els Spin
Netherlands
Local time: 10:34
Native speaker of: Dutch
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Alexander Demyanov: Price adjustments are normally made for special circumstances, against a regular price. In this case it's a policy. Also, your explanation of the meaning of "netting" in this context is wrong.
1 hr
  -> Fair enough. Let's see what you come up with. There is room for 2 words :-) / Oh, by the way, the meaning of 'netting' is explained in the text itself. Good luck!
Login to enter a peer comment (or grade)

28 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
cutting back on prices/price cutbacks


Explanation:
*

Anna Maria Augustine (X)
France
Local time: 10:34
Works in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 24

Peer comments on this answer (and responses from the answerer)
disagree  Alexander Demyanov: This is not the meaning of price netting. One definition can be found at thefreedictionary.com: http://financial-dictionary.thefreedictionary.com/netting
1 hr
neutral  Els Spin: But that definition doesn't fit the context. :-)
1 hr
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
I'd just say 'discriminatory pricing' or 'discriminatory pricing policy'


Explanation:
The thing is, the term is probably misused in your original. Here is a definition of "netting" as a financial term from http://financial-dictionary.thefreedictionary.com:

Netting
1. Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.

2. Reducing the transfer of funds between subsidiaries to a net amount.

In this case, it seems that XXX is using a questionable technique against competition, providing insetives for buying AAA bundled with it's product as opposed to obtaining it from other vendors. For me, it's not clear what "netting" the original may be talking about. I don't see anything "netted".

Since the portion starting with "under which the royalty the OEM pays..." explains the pricing policy, I believe using just "discriminatory pricing" would suffice for readers to understand the intended meaning.

--------------------------------------------------
Note added at 1 hr (2007-04-19 00:14:12 GMT)
--------------------------------------------------

inCentives

Alexander Demyanov
Local time: 04:34
Works in field
Native speaker of: Native in RussianRussian
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
neutral  Els Spin: Oh, so now the text doesn't fit your meaning. Yeah, right. / No, my message to you is that you are disagreeing for the wrong reasons. You should just have added your suggestions without offering comments that are unreasonable, unfair and unfounded.
12 mins
  -> Any comment on my suggested translation or just your hard-to-contain emotions?//Els, I thought this space was for comments on my suggestion, not for opinions on my comments about other answers.
Login to enter a peer comment (or grade)

9 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
anti-competitive incentive


Explanation:
It sounds as if the manufacturers are allowing one supplier to offer the product at a better rate than they allow other suppliers, thus encouraging clients to buy from that supplier in preference to others.

kmtext
United Kingdom
Local time: 09:34
Native speaker of: Native in EnglishEnglish, Native in GaelicGaelic
PRO pts in category: 8
Grading comment
Thank you kmtext for clearing my head!

Peer comments on this answer (and responses from the answerer)
agree  Alfa Trans (X)
2 days 4 mins
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.

Return to KudoZ list

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:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search