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Indemnización franquicia

English translation: compensation excess


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:indemnización franquicia
English translation:compensation excess
Entered by: Nikki Graham
Options:
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10:47 Jul 1, 2008
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Annual accounts
Spanish term or phrase: Indemnización franquicia
One of the entries in the breakdown of 'extraordinary expenses' in a company's annual accounts.
ElGuiri
Spain
Local time: 07:08
compensation excess
Explanation:
This seems to be referring to insurance, in other words the amount taken off by the insurance company, or, if you prefer, the amount you have to pay towards the loss (excess) before you get the compensation.

I believe it is called something else in the US.

--------------------------------------------------
Note added at 11 mins (2008-07-01 10:59:08 GMT)
--------------------------------------------------

Found my notes

deductible (US) / excess (GB) (an amount that a policyholder agrees to pay, per claim or per accident, toward the total amount of the insured loss / in an insurance policy, an agreed amount that the insured will himself bear each time a claim is made, such as the first ₤100 of accident damage to a motor car. The insurer is bound to pay only for damage in excess of the agreed amount. Such a condition in a policy discourages the making of small claims and results in a reduction in the premium)
Selected response from:

Nikki Graham
United Kingdom
Local time: 06:08
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2compensation excess
Nikki Graham
5franchise compensation
andres-larsen


  

Answers


10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
compensation excess


Explanation:
This seems to be referring to insurance, in other words the amount taken off by the insurance company, or, if you prefer, the amount you have to pay towards the loss (excess) before you get the compensation.

I believe it is called something else in the US.

--------------------------------------------------
Note added at 11 mins (2008-07-01 10:59:08 GMT)
--------------------------------------------------

Found my notes

deductible (US) / excess (GB) (an amount that a policyholder agrees to pay, per claim or per accident, toward the total amount of the insured loss / in an insurance policy, an agreed amount that the insured will himself bear each time a claim is made, such as the first ₤100 of accident damage to a motor car. The insurer is bound to pay only for damage in excess of the agreed amount. Such a condition in a policy discourages the making of small claims and results in a reduction in the premium)

Nikki Graham
United Kingdom
Local time: 06:08
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 72
Grading comment
thanks

Peer comments on this answer (and responses from the answerer)
agree  Egmont
5 hrs

agree  Jenny Moussabel
10 hrs
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 5/5
franchise compensation


Explanation:
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andres-larsen
Venezuela
Local time: 00:38
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 117
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Changes made by editors
Jul 3, 2008 - Changes made by Nikki Graham:
Edited KOG entryNikki Graham's old entry - "Indemnización franquicia" => "compensation excess"
Jul 3, 2008 - Changes made by Nikki Graham:
Created KOG entryKudoZ term => KOG term


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