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balance

German translation: verbleibende Menge / Restmenge / verbleibender Teil

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	balance
German translation:	verbleibende Menge / Restmenge / verbleibender Teil
Entered by:	ingheck

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13:11 Oct 3, 2006

English to German translations [PRO]
Bus/Financial - Insurance

English term or phrase: balance

As the consignee's alternative customer was only interested in purchasing 100 tonnes of the rejected material, it was agreed that further enquiries would be made with regard to obtaining a further, presumably lower, offer for the ***balance*** of the consignment. At the present moment these enquiries are proceeding and we will advise further once the matter has been resolved and a fully quantified claim established. In the meantime, however, the loss in respect of the 100 tonnes which will be sold by consignees at a reduced price, is approximately £ 13,000.00.

Assuming a minimum salvage recovery of £ 150.00 per tonne on the ***balance*** of the consignment, there may be a further claim of a similar proportion in respect of the remainder of the consignment, giving a total maximum estimated claim in the region of £ 26,000.00. As stated, however, we will revert when full details are known. In the meantime, bearing in mind the potential extent of the claim, we submit the foregoing for underwriter's consideration.

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