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|French to English translations [PRO]|
Bus/Financial - Law: Contract(s) / contracts
|French term or phrase: calendrier trimestrial *glissant*|
|Still on the contract between two parties (definitions section, under Order):|
Le seuil de commande minimum ouvrant accès aux modalités de paiement différé correspond au volume total du calendrier trimestriel **glissant** défini dans l’annexe 7.
Does this mean any three-month period?
|English translation:"sliding" quarterly (payment) schedule|
I presume that the "glissant" refers to some form of sliding scale of payment, but without the benefit of "annexe 7" where it should be more fully defined, it is impossible to know this for certain.
Selected response from:
Local time: 16:16
|Thank you so much, Paul, for this explanation. It makes perfect sense in this context.|
3 KudoZ points were awarded for this answer
1 hr confidence: 6 hrs confidence:
on a rolling quarterly basis
This means that the quarterly periods referred to do not coincide with the normal calendar quarterly periods i.e. Jan-Mar, Apr-Jun etc. Instead, the quarterly periods are defined as any period covering 3 months. Depending on the details you find in annex 7, this might be:
Jan-Mar, Feb-Apr, Mar-May, etc.
or, it could even be:
15Jan-14Mar, 16Jan-15Mar, 17Jan-16Mar, etc.
I hope this helps.
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