This question was closed without grading. Reason: No acceptable answer
Jun 27, 2015 22:31
8 yrs ago
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French term
France
Excellence, Expertise & Experience
Native in: English (Variants: Wales / Welsh, UK, Scottish, Irish, British)
Works in: French to English, English
marge de rétrocession
French to English
Bus/Financial
Finance (general)
A form of discount / reputational risk document
"Bque/Client
Vente de Fonds basée sur la ***marge de rétrocession*** reversée par les sociétés de gestion
Risque de réputation par l'utilisation de pratiques commerciales non autorisées.
(orientation de la vente en fonction de la marge dégagée)."
I have heard of this term in a retail (chain-supplier) context before, but never in a finance context.
It's some form of discount or "brown paper envelope" money but is there an exact term? Greasing-the-wheels-of-commerce money?
Vente de Fonds basée sur la ***marge de rétrocession*** reversée par les sociétés de gestion
Risque de réputation par l'utilisation de pratiques commerciales non autorisées.
(orientation de la vente en fonction de la marge dégagée)."
I have heard of this term in a retail (chain-supplier) context before, but never in a finance context.
It's some form of discount or "brown paper envelope" money but is there an exact term? Greasing-the-wheels-of-commerce money?
Proposed translations
(English)
| 3 -1 | retrocession margin |
nweatherdon
|
Proposed translations
-1
2 hrs
nweatherdon
Canada
Canada
Native in English
Specializes in field
Canada
Economics, finance and biosciences
Native in: English
Works in: French to English, English to French, Spanish to English, and 2 more.
Related KudoZ points
:
126
retrocession margin
http://www.investopedia.com/terms/r/retrocession.asp includes several definitions of retrocession, and I think the first is the key one.
1. The practice of one reinsurance company essentially insuring another reinsurance company by accepting business that the other company had agreed to underwrite.
I assume that this refers to the margins underlaid in this contract.
1. The practice of one reinsurance company essentially insuring another reinsurance company by accepting business that the other company had agreed to underwrite.
I assume that this refers to the margins underlaid in this contract.
Peer comment(s):
| disagree |
Daryo
: "Vente de Fonds basée sur la marge de rétrocession reversée par les sociétés de gestion" where is any reinsurance business in this?
1 day 7 hrs
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Thanks for the input. Not the same type of contract, but the term is correct.
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Discussion
take the place of remuneration in certain professional
categories.
Retrocession calculations vary greatly, and depend
on general policies of the bank or are negotiated on a
case by case basis. For this reason the system for
calculating retrocessions must be very flexible to allow
all possible forms of negotiation.