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Altlastenerstattung

English translation: reimbursement of preunification environmental liabilities


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Altlastenerstattung
English translation:reimbursement of preunification environmental liabilities
Entered by: Ann C Sherwin
Options:
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10:29 Jul 13, 2004
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Altlastenerstattung
Der Umsatz stieg insbesondere konsolidierungsbedingt um xy% an, das Ergebnis auf Basis EBITDA konnte trotz Wegfall der Altlastenerstattung um xx% gesteigert werden.
Natalie Wilcock
Local time: 00:51
reimbursement of preunification environmental liabilities
Explanation:
Altlasten (Romain): "preunification burdens; soil and water pollution by former waste disposal, 'inherited' environmental liabilities." Until 2002 the German government provided subsidies under the "Altlastenerstattung" program for . The web reference below describes an example.

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Note added at 36 mins (2004-07-13 11:05:50 GMT)
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Sorry, accidentally hit \"return\" before I was finished. Insert Deutsche Bahn after \"for.\" The paragraph about this in the Web reference is down a ways.
Selected response from:

Ann C Sherwin
Local time: 18:51
Grading comment
Thank you, regards, Natalie
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1reimbursement of preunification environmental liabilities
Ann C Sherwin
3 +21) reductions/allowances for past debtsxxxCMJ_Trans


  

Answers


27 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
1) reductions/allowances for past debts


Explanation:
financial burdens of the past.

2) The term "Altlast" is also often used for contaminated waste or sites. Depending on yoçur context, this could also be a runner

However, in transport, especially railway circles, the term is used for the debts inherited from the past, the past debt burden, etc.

xxxCMJ_Trans
Local time: 00:51
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 31

Peer comments on this answer (and responses from the answerer)
agree  Orla Ryan
0 min

agree  Christian
4 mins
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31 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
reimbursement of preunification environmental liabilities


Explanation:
Altlasten (Romain): "preunification burdens; soil and water pollution by former waste disposal, 'inherited' environmental liabilities." Until 2002 the German government provided subsidies under the "Altlastenerstattung" program for . The web reference below describes an example.

--------------------------------------------------
Note added at 36 mins (2004-07-13 11:05:50 GMT)
--------------------------------------------------

Sorry, accidentally hit \"return\" before I was finished. Insert Deutsche Bahn after \"for.\" The paragraph about this in the Web reference is down a ways.


    Reference: http://www.db.de/site/bahn/de/unternehmen/presse/themendiens...
Ann C Sherwin
Local time: 18:51
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Thank you, regards, Natalie

Peer comments on this answer (and responses from the answerer)
agree  transatgees
1 hr
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Changes made by editors
Aug 3, 2005 - Changes made by Natalie Wilcock:
Field (specific)(none) => Finance (general)


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