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workoff revenue

English translation: Erträge aus Projektarbeit

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:workoff revenue
English translation:Erträge aus Projektarbeit
Entered by: Teresa Reinhardt
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23:17 Feb 18, 2008
English to English translations [PRO]
Bus/Financial - Petroleum Eng/Sci / Engineering and construction
English term or phrase: workoff revenue
The term appears in the following sentence of a booklet for an engineering, construction and project management company:

"New work booked and workoff revenue figures for the past five years".

What does "workoff revenue" mean in this context? Is it the same as revenue or does it mean something else? Thanks in advance!
Pedro Coral Costa
Local time: 12:13
Erträge aus Projektarbeit
Explanation:
I can really only find this used at Bechtel (where our taxes go); from the context, I am thinking it refers to the amount received for whatever work they were able to do during the year in question, looking at it as if they were working off a list..
A lot of these projects are long-term, some get interrupted, so they don't go from start to finish within one business year.
Consequently, the only way to show how they are doing is a) by new business sold and b) by how many of the existing contracts they have been working on (or off!), how much they billed and what they received
Selected response from:

Teresa Reinhardt
United States
Local time: 04:13
Grading comment
Thank you for the help. I contacted the client and they said it means "operating revenue".
2 KudoZ points were awarded for this answer

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Summary of answers provided
1Erträge aus ProjektarbeitTeresa Reinhardt


  

Answers


6 hrs   confidence: Answerer confidence 1/5Answerer confidence 1/5
Erträge aus Projektarbeit


Explanation:
I can really only find this used at Bechtel (where our taxes go); from the context, I am thinking it refers to the amount received for whatever work they were able to do during the year in question, looking at it as if they were working off a list..
A lot of these projects are long-term, some get interrupted, so they don't go from start to finish within one business year.
Consequently, the only way to show how they are doing is a) by new business sold and b) by how many of the existing contracts they have been working on (or off!), how much they billed and what they received


    Reference: http://aolsvc.merriam-webster.aol.com/dictionary/workoff
Teresa Reinhardt
United States
Local time: 04:13
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 2
Grading comment
Thank you for the help. I contacted the client and they said it means "operating revenue".
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Changes made by editors
Feb 23, 2008 - Changes made by Teresa Reinhardt:
Created KOG entryKudoZ term » KOG term


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