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floor guarantee calculation on net billings

English translation: floor guarantee = pre-determined set level

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:floor guarantee calculation on net billings
English translation:floor guarantee = pre-determined set level
Entered by: jerrie
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10:58 Mar 28, 2003
English to English translations [PRO]
Advertising / Public Relations / advertising
English term or phrase: floor guarantee calculation on net billings
Could you help to explain the term 'floor guarantee calculation on net billings'?

Each country confirms in writing planned investment in traditional media, TV, Print, Outdoor, Cinema and Radio, latest January 31st for current year, to the local agency for 80% floor guarantee calculation on net billings.
aivo roos
Estonia
Local time: 01:58
base-line/set/pre-determined level
Explanation:
Each country submits the amount they intend to spend/invest on 'media' for the current year by 31 January to their local agency, so that they can receive a guaranteed 80% (subsidy) on their net expenditure.

The 'floor guarantee' has been set/calculated at 80%

Maybe.....
Selected response from:

jerrie
United Kingdom
Local time: 23:58
Grading comment
thanks, this helps a lot.

finest regards,
ar
estonia
3 KudoZ points were awarded for this answer

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Summary of answers provided
3base-line/set/pre-determined level
jerrie


  

Answers


18 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
base-line/set/pre-determined level


Explanation:
Each country submits the amount they intend to spend/invest on 'media' for the current year by 31 January to their local agency, so that they can receive a guaranteed 80% (subsidy) on their net expenditure.

The 'floor guarantee' has been set/calculated at 80%

Maybe.....

jerrie
United Kingdom
Local time: 23:58
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 19
Grading comment
thanks, this helps a lot.

finest regards,
ar
estonia
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