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0/00

English translation: per thousand


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:0/00
English translation:per thousand
Entered by: Dave Calderhead
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06:36 Jul 13, 2005
Dutch to English translations [PRO]
Bus/Financial - Finance (general) / Dutch register controller, postgrad courses
Dutch term or phrase: 0/00
Background: a policy document has been reissued for premium repricing. Throughout the doc there are number appended by the above figures (or expressed as 'o/oo'). Internet research indicates that this can be expressed with or without a percentage sign thereafter. So here's the million dollar Q: what's the right way? Target audience is Canadian BTW. Cheers, R.
Robert Kleemaier
Local time: 23:52
per thousand
Explanation:
0/0 is percent, 0/00 is per thousand, especially in calculating insurance premiums - it makes the rates more understandable.

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Note added at 10 hrs 33 mins (2005-07-13 17:09:58 GMT)
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Especially when the premium rate is less than one percent, which can often be the case in special subcategories that make up a commercial insurance policy.
Conversion to percentage may sometimes be appropriate, but parts per thousand or million is usually a chemical or pharmaceutical measure.
Selected response from:

Dave Calderhead
Netherlands
Local time: 08:52
Grading comment
Thanks again, Dave. Cheers, R.
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +6per thousand
Dave Calderhead


  

Answers


9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
per thousand


Explanation:
0/0 is percent, 0/00 is per thousand, especially in calculating insurance premiums - it makes the rates more understandable.

--------------------------------------------------
Note added at 10 hrs 33 mins (2005-07-13 17:09:58 GMT)
--------------------------------------------------

Especially when the premium rate is less than one percent, which can often be the case in special subcategories that make up a commercial insurance policy.
Conversion to percentage may sometimes be appropriate, but parts per thousand or million is usually a chemical or pharmaceutical measure.

Dave Calderhead
Netherlands
Local time: 08:52
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 251
Grading comment
Thanks again, Dave. Cheers, R.

Peer comments on this answer (and responses from the answerer)
agree  Kate Hudson
31 mins
  -> Thanks, Kate.

agree  Andre de Vries
1 hr
  -> Thanks, Andre.

agree  Marie-Claude Falardeau
1 hr
  -> Thanks, Marie-Claude

agree  Christopher Smith: but I would still convert it back to percentages for most audiences
1 hr
  -> Thanks, Christopher.

agree  Ken Cox: with Christopher: parts per thousand (or the equivalent ppm) is rarely used in English-speaking countries outside of scientific or technical contexts.
2 hrs
  -> Thanks, Kenneth. Take your point. But insurance is a wierd world on its own sometimes.

agree  Fred ten Berge: I agree 'THOUSAND / THOUSAND!'
10 hrs
  -> Thanks, Fred.
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