GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:50 Mar 2, 2005 |
German to English translations [PRO] Bus/Financial - Law: Taxation & Customs | |||||
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| Selected response from: Kim Metzger Mexico Local time: 04:47 | ||||
Grading comment
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Exportsförderungskrediten export subvention loans/credit Explanation: It's more of a guess really (and pretty literal too). ;-) |
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Exportsförderungskrediten (state) export promotion loans / (state) loans for the promotion of exports Explanation: ZAHN: Exportförderung = export promotion, promotion of (assistance to) exports DIETL/LORENZ: Exportförderung = Ausfuhrförderung (State) measures to encourage (or promote) exports; export promotion, export drive |
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Exportsförderungskrediten export promotion credits Explanation: According to Schäfer Wirtschaftsenglisch -------------------------------------------------- Note added at 12 mins (2005-03-02 17:02:41 GMT) -------------------------------------------------- http://www.ifc.org/ifcext/oeg.nsf/Content/EIE_wbprojects http://www.indusind.com/p_b_corp/guar.html http://www.matrade.gov.my/market-info/country-profiles/cp-in... |
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Exportsförderungskrediten export promotion credits Explanation: However, “export promotion” should not be understood as the granting of subsidies, financial aid or direct payments to exporters. Instead, this system consists of state-supported export guarantees. They insure against certain risks arising when dealing with international contract partners as far as such risks cannot be covered appropriately by private export credit insurers. This type of hedging in the form of guarantees by the Federal Minister of Finance enables exporters the access to favourable financing conditions for their export businesses. The so called "Paris Club" (multilateral forum of creditor states) deals with payment difficulties in the field of state-guaranteed export credits and development aid credits. Based on a Paris Club agreement, solutions are implemented bilaterally. http://english.bmf.gv.at/EconomicPolicy/Exportsupport/_start... |
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