KudoZ home » German to English » Law/Patents

Tantieme

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
14:47 Jun 29, 2003
German to English translations [PRO]
Law/Patents / Director contract
German term or phrase: Tantieme
From an employment contract for a director.

"Ab 2004 beträgt das Jahresgehalt $xx,xxx. Zusätzlich erhält Herr XX ab 2004 eine Tantieme in Höhe von 5% auf den Gewinn (Ebit) wenn dieser grösser ist als 5% vom Umsatz."

I've seen this as "profit-sharing bonus" but I'm wondering if here it would be something else, e.g. "director's fee"?

Thanks in advance!
Fiona Busfield
United Kingdom
Advertisement


Summary of answers provided
5"director's fee"
Сергей Лузан
5profit sharing bonusNicholas Hogg
5profit sharing
Antoinette-M. Sixt Ruth
5profit share
karolina_mb
4share of gross earnings [or will share in the gross earnings]
Maureen Holm, J.D., LL.M.
4share in the profits=Gewinnanteil=Tantieme
Jarema
4bonus
CathyFS
3management bonus
Kim Metzger


  

Answers


2 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
management bonus


Explanation:
Is another possibility.

Kim Metzger
Mexico
Local time: 00:22
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 21821
Login to enter a peer comment (or grade)

3 mins   confidence: Answerer confidence 5/5
profit share


Explanation:
anyway, management bonus is a good solution, too:)

karolina_mb
Romania
Local time: 08:22
Native speaker of: Native in PolishPolish, Native in ItalianItalian
PRO pts in pair: 8
Login to enter a peer comment (or grade)

3 mins   confidence: Answerer confidence 5/5
profit sharing


Explanation:
I think profit sharing is the applicable term in English.

Antoinette-M. Sixt Ruth
Local time: 00:22
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 312
Login to enter a peer comment (or grade)

4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
share in the profits=Gewinnanteil=Tantieme


Explanation:
Or so.

share in the profits=Gewinnanteil=Tantieme

branchenportal-deutschland.aus-stade.de/es6.htm

--------------------------------------------------
Note added at 2003-06-29 14:54:08 (GMT)
--------------------------------------------------

Tantieme bonus
Tantieme management bonus
Tantieme {f} profit sharing
Tantieme {f} royalty
Tantieme {f} share in profits
Tantieme {f} author\'s fee

http://www.dict.cc/blaettern/543.php

Jarema
Ukraine
Local time: 08:22
Native speaker of: Native in RussianRussian, Native in UkrainianUkrainian
PRO pts in pair: 141
Login to enter a peer comment (or grade)

8 mins   confidence: Answerer confidence 5/5
"director's fee"


Explanation:
literal. Good luck, Fiona Busfield!
Re.: 3. Collins German Dictionary, ISBN 0-00-470406-1

Сергей Лузан
Russian Federation
Local time: 08:22
Native speaker of: Native in RussianRussian
PRO pts in pair: 420

Peer comments on this answer (and responses from the answerer)
neutral  LegalTrans D: It's not a director's fee, Sergey, since the text clearly states that it is a share in the profits. Don't let the literal meaning of Tantieme confuse you.
39 mins
  -> Just have a look at the further questions of the asker, Volkmar Hallmann-Hirantner! Thanx for the attention paid (I've many versions in my dics, not only this one).
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
bonus


Explanation:
I suggest simply translating it as bonus.

CathyFS
Local time: 06:22
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 50
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 5/5
profit sharing bonus


Explanation:
as you suggested

Nicholas Hogg
United Kingdom
Local time: 06:22
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 76
Login to enter a peer comment (or grade)

2 days13 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
share of gross earnings [or will share in the gross earnings]


Explanation:
It's EBIT, after all. In the movie biz, they don't talk about profits, just gross earnings, i.e. "the biggest grossing film of the season..." Actors and directors with pull can pull this.

--------------------------------------------------
Note added at 2003-07-02 04:38:09 (GMT)
--------------------------------------------------

Oops. Goes on to say, \"if profits on revenues are more than 5%.\" Where\'d I get that movie thing?

Maureen Holm, J.D., LL.M.
United States
Local time: 01:22
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 986
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search