GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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08:00 Sep 23, 2007 |
German to English translations [PRO] Bus/Financial - Insurance / car service | |||||||
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| Selected response from: inkweaver Germany Local time: 12:22 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +3 | ex gratia settlement / goodwill settlement |
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ex gratia settlement / goodwill settlement Explanation: Perhaps "goodwill settlement" is more suitable in this context since it has nothing to do with insurance companies. However, a manufacturer (or anyone else providing a service) may find it necessary in certain cases to offer their customers a goodwill settlement, even if a fault or mistake cannot be proven. |
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Grading comment
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