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  3. Finance (general)

Verkettungsfaktor/Wertsicherung

English translation: linking factor

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Verkettungsfaktor
English translation:linking factor
Entered by: Deborah Shannon

08:14 Jan 17, 2001
German to English translations [Non-PRO]
Bus/Financial - Finance (general)
German term or phrase: Verkettungsfaktor/Wertsicherung
This comes up in a rental agreement. Rent is adjusted annually as part of a Wertsicherungsvereinbarung, on the basis of the consumer price index. The tenant is entitled to 'die Wertsicherungsvereinbarung auf einem Nachfolge-Index umzustellen und zwar unter Verwendung eines Verkettungsfaktors. I am not sure how this procedure works exactly and would be grateful if anyone can clarify this and these terms.
linking factor
Explanation:
Refers to an arithmetic figure or ratio used to 'rebase' the figures derived from a previous index when a successor index is adopted so that historical series of values are comparable with current values.

See explanation at:
Selected response from:

Deborah Shannon
Germany
Local time: 11:42
Grading comment
Many thanks for your help.
4 KudoZ points were awarded for this answer



Summary of answers provided
nalinking factor
Deborah Shannon


  

Answers


3 hrs
linking factor


Explanation:
Refers to an arithmetic figure or ratio used to 'rebase' the figures derived from a previous index when a successor index is adopted so that historical series of values are comparable with current values.

See explanation at:


    Reference: http://eaindustry.nic.in/pib1.htm
Deborah Shannon
Germany
Local time: 11:42
Works in field
Native speaker of: English
PRO pts in category: 18
Grading comment
Many thanks for your help.
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