Glossary entry

French term or phrase:

location-gerance

English translation:

paraphrase (see answers)

Added to glossary by French2English
Jun 12, 2006 12:36
17 yrs ago
3 viewers *
French term

location-gerance

French to English Bus/Financial Marketing brewing; beer sales
It's in the glossaries - I know! I know! I have just read them in detail... in particular Charlie's answer, which was automatically graded by peer agreement.....

.....back in 2002. Well, I have only reposted this question as that was quite a long time ago and I just wondered if any of you brains out there had any useful updates as it seemed a bit of a difficult one at the time and someone might have had it come up more recently.

Here's how it appears in my current document (and I am looking for a neat way of rendering it):

Cette nouvelle organisation se mettra en œuvre en plaçant en location gérance l’ensemble des activités de Brasserie X (effectifs, portefeuille clients, marques, contrats, production, stocks…) auprès de Y.

Y being the larger brewery concern and X being the smaller one being managed, taken over or whatever.

Discussion

nnaemeka Odimegwu Jun 13, 2006:
i wonder why everyone is thinking of leasing here. there's an entity in the background, a new organisation. remember what happened to Enron?
Charlie Bavington Jun 12, 2006:
To Dusty - I think you'll find that LG is effectively = the leasing of the running of the business, not the assets; however, it's hard to run a business w/out the assets, hence they get to use the premises.
Tony M Jun 12, 2006:
In restaurant terms, it often means leasing the premises to someone who is left a completely free hand to manage the place as they wish, and take the profits from the business; this sounds like the type of situation you might have here?
LAB2004 Jun 12, 2006:
Harraps gives: agreement with a liquidator to manage a company in liquidation. Not succinct at all and don't know if it applies here. Leasing-management agreement?

Proposed translations

1 hr
Selected

paraphrase

Whilst I stand by my original answer in legal contexts (http://www.proz.com/kudoz/535614 for those intrigued by F2E's comment!), and think that "leaseD management" (not lease mgt, which could = the mgt of leases) can sometimes fit, I think here you can probably paraphrase, along the lines of:
"organisation...whereby Y leases managerial control of all of X's (business) activities" or something similar.

For a more formal document, a footnote with "an arrangement known as LG in France" might be useful, if you feel it necessary, so the reader can investigate further but without interrupting the flow.
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4 KudoZ points awarded for this answer. Comment: "I must admit that I did feel this needed to be paraphrased in the cirumstances to avoid any possible confusion. Previous CB answer on this one was very helpful too. Thanks to other answerers for an interesting discussion and some good points. "
53 mins

contract management

"location-gérance" <> "gérance libre" - cf Oxford/Hachette F/E Dictionary
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+2
43 mins

under a management agreement

Contrat par lequel le propriétaire d’un fonds de commerce concède totalement ou partiellement la location de son fonds à une personne, appelée "le gérant", qui l’exploite pour son compte et à ses risques et périls.

Ce contrat transfert au gérant la qualité de commerçant au titre de l´exploitation du fond.

http://www.lawperationnel.com/Dictionnaire_Juridique/Locatio...


the glossary gives it as a management agreement. Whilst Y might own X it is possible for the parent company Y to charge X for fees for example for certain 'management' services.

However I do own up that from your sentence it is not clear who will be doing the managing!! hence my low confidence!

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Note added at 55 mins (2006-06-12 13:31:26 GMT)
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Maybe we are getting confused by the auprès de Y part....
From one of your other questions (that the brewer was buying another one...)...perhaps Y is buying X yet leaving it's original management in place to run it under an agreement?

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Note added at 1 hr (2006-06-12 13:36:49 GMT)
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Lease management / Location - gérance
Contract whereby the owner or the management of a business grants total or partial rights to an individual to run it on his account and at his own risk in exchange for the payment of a rent or a share in the profits
http://www.interexlebanon.com/pages_multi/glossaire_ang.htm
Peer comment(s):

agree LBMas : From the context and everyone's explanations, I'd go with lease management.
2 hrs
agree Joy Gehner : this sounds accurate and natural - why mess with what works?
9 hrs
disagree nnaemeka Odimegwu : this is not a lease management. the owner of the brewery x is not granting anything, it is a "new organisation" handing over management of x to y.
20 hrs
agree Mario Marcolin
1 day 17 hrs
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21 hrs

on transitional(or caretaker) management

the word i could come up with here is "transition", this is how it is expressed in nigeria. occurs in nigeria all the time. the new organisation is a transitional organisation or decision making body acting against brewery x's management for reasons we don't know but not to overturn the status quo until something (i believe) is achieved by this organisation/body, xx is put under a "caretaker management" by appointing qualified hands at yy which would be agreed upon too. eventually, in time, yy would hand over back control, therefore, my choice of "transitional"
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21 hrs

management under lease


Source: Dictionnaire economique, commercial et financier

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Note added at 21 hrs (2006-06-13 10:22:06 GMT)
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Definition in Bridge: leasing of a business in which the lessee runs the business on his own account and at his own risk. - supports Charlie's note above.
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