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Altsparerentschädigung

English translation: compensation for pre-war savings [pre-monetary reform savings]


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Altsparerentschädigung
English translation:compensation for pre-war savings [pre-monetary reform savings]
Entered by: Steffen Walter
Options:
- Contribute to this entry
- Include in personal glossary

20:14 Feb 1, 2005
German to English translations [PRO]
Bus/Financial - Insurance / German's WW2 economic system
German term or phrase: Altsparerentschädigung
Could this be a typo?
The term comes up in a document that is part of a Holocaust survivor's claim for compensation for lapsed insurances. ... "Eine Altsparerentschaedigung entfaellt auch in diesem Fall, weil die Versicherung bereits am .....1941 faellig geworden waere."
Jon Fedler
Local time: 11:36
compensation for pre-war savings
Explanation:
It comes up in KudoZ search already - see http://www.proz.com/?sp=search_kudoz , then http://www.proz.com/kudoz/867948 (personally, I'd find "compensation for pre-monetary reform savings" more appropriate as this covers the period until 1948). Altsparer = an individual/person having made "historic"/"old" savings.

No typo involved here, except perhaps for the German umlaut ä.

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Note added at 15 mins (2005-02-01 20:29:55 GMT)
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More precisely, the term Altsparer refers to the period from 1940 to 1948, according to the KudoZ question quoted.
Selected response from:

Steffen Walter
Germany
Local time: 10:36
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3compensation for pre-war savings
Steffen Walter


  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
Altsparerentschädigung
compensation for pre-war savings


Explanation:
It comes up in KudoZ search already - see http://www.proz.com/?sp=search_kudoz , then http://www.proz.com/kudoz/867948 (personally, I'd find "compensation for pre-monetary reform savings" more appropriate as this covers the period until 1948). Altsparer = an individual/person having made "historic"/"old" savings.

No typo involved here, except perhaps for the German umlaut ä.

--------------------------------------------------
Note added at 15 mins (2005-02-01 20:29:55 GMT)
--------------------------------------------------

More precisely, the term Altsparer refers to the period from 1940 to 1948, according to the KudoZ question quoted.

Steffen Walter
Germany
Local time: 10:36
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 196

Peer comments on this answer (and responses from the answerer)
agree  Kathi Stock: makes sense
47 mins

agree  RobinB: My 1955 2nd edition of Gunston & Corner says "compensation for holders of old savings accounts, but I'd certainly prefer the "for pre-monetary reform savings" (or even "Reichsmark-denominated savings").
15 hrs
  -> Yes, "Reichsmark-denominated savings" would make perfect sense here.

agree  gangels
18 hrs
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Changes made by editors
Dec 27, 2005 - Changes made by Steffen Walter:
Term askedAltsparerentschaedigung => Altsparerentschdigung


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