GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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10:31 Oct 9, 2006 |
German to English translations [PRO] Bus/Financial - Economics | |||||||
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| Selected response from: DesposEl Switzerland Local time: 12:29 | ||||||
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Summary of answers provided | ||||
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3 +1 | collecting societies also see below |
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4 | Factoring companies |
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2 | Debt recovery agency |
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Discussion entries: 2 | |
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collecting societies also see below Explanation: I found *Verwertungsgesellschaften* translated as meaning in UrhR - performing rights societies (e.g. GEMA) and also *collecting societies*. Further *Verwertungsrecht* as exploitation right. I hope this points you in the right direction. If you have a sentence, we could have a better idea of the context. |
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Factoring companies Explanation: Hi! I think these are most likely factoring companies. Check out this definition of factoring: "factoring Definition The selling of a company's accounts receivable, at a discount, to a factor, who then assumes the credit risk of the account debtors and receives cash as the debtors settle their accounts. also called accounts receivable financing. " -------------------------------------------------- Note added at 3 hrs (2006-10-09 14:22:49 GMT) -------------------------------------------------- Thanks for the context. It certainly sounds like factoring to me. Reference: http://www.investorwords.com/1873/factoring.html |
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Debt recovery agency Explanation: but I ma not sure about a sentence may help -------------------------------------------------- Note added at 5 hrs (2006-10-09 15:54:06 GMT) -------------------------------------------------- the first part of the sentence (Schlechte Rückzahlungsquoten wurden in Kauf genommen, bis mit der Gründung ...) may me believe that they are talking about debt collection companies or debt recovery companies. http://www.debtrecovery.co.nz/ |
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