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kateosto

English translation: replacement purchase

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Finnish term or phrase:	kateosto
English translation:	replacement purchase
Entered by:	Spencer Allman

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10:15 Dec 4, 2011

Finnish to English translations [PRO]
Bus/Financial - Retail

Finnish term or phrase: kateosto

Context: kateoston korvaus

This is part of a clause in an agreement. The dictionaries give 'cover purchase' but I don't know what that means and neither, seemingly, does Google.

Can any one help please?

Spencer Allman KudoZ activity Questions: 201 (1 open) (2 without valid answers) (12 closed without grading) Answers: 158
Local time: 17:38

replacement purchase

Explanation:
Word is used in the UN Convention on the Int. Sale of Goods (1980)
75 artikla. Jos sopimus puretaan ja jos ostaja on kohtuullisella tavalla ja kohtuullisen ajan kuluttua purusta suorittanut kateoston...
Article 75
If the contract is voided and if, in a reasonable manner and within a reasonable period after it is voided, the buyer has bought goods in replacement... (better translated as 'made a replacement purchase')

Selected response from:

Desmond O'Rourke
United States
Local time: 12:38

Grading comment

Many thanks sincerely to all the others' input
4 KudoZ points were awarded for this answer

Summary of answers provided

replacement purchase

Desmond O'Rourke

margin sth

Hannele Marttila

compensatory purchase

Timo Lehtilä

Discussion entries: 4

Answers

38 mins confidence:

margin sth

Explanation:
Kate is margin for sure, but even my commercial dictionary Fin-Eng translates this as cover, which margin does of course represent in a way. So, a financial term, margin purchase. Myyntikate f.ex. is sales margin. Margin in Eng-Fin commercial dictionary does come up with kate. So I'd say related to Margin Trading. See http://www.investopedia.com/university/margin/margin1.asp#ax...

Hannele Marttila
United Kingdom
Local time: 17:38
Native speaker of: