GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:14 Feb 12, 2007 |
French to English translations [PRO] Bus/Financial - Finance (general) / Pensions doc | |||||||
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| Selected response from: Conor McAuley France Local time: 15:11 | ||||||
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Summary of answers provided | ||||
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3 +2 | Underfinancing |
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3 | Upset in the balance |
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Underfinancing Explanation: Main "topic" of the clause aka the sentence in this case. (Hi Charlotte!) -------------------------------------------------- Note added at 7 mins (2007-02-12 13:22:44 GMT) -------------------------------------------------- Shortfall, I think in the jargon: http://www.google.fr/search?hl=fr&q="pension shortfall"&meta... -------------------------------------------------- Note added at 9 mins (2007-02-12 13:24:33 GMT) -------------------------------------------------- A company can rectify a pension shortfall by increasing investment returns (usually an unlikely course of occurrence) or putting aside more money into the pension plan, thereby reducing the company's net income. As an example, in August 2002 UBS Warburg reported that General Motors had a pension shortfall of $22.2 billion, equal to 83% of the company's market value. That means, $4 of the first $5 that GM earns per share each year stands to get eaten up by pension obligations. http://www.answers.com/topic/pension-shortfall The gist of it: How would the company deal with a pension shortfall situation? -------------------------------------------------- Note added at 11 mins (2007-02-12 13:26:06 GMT) -------------------------------------------------- So, "Pension (Fund) Shortfall" |
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15 mins confidence:
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