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. |
| ElGuiriKudoZ activityQuestions: 25 (none open) ( 10 closed without grading) Answers: 76 Spain
| Local time: 07:08
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| | 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 |
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Automatic update in 00:
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10 mins confidence:  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: English PRO pts in category: 72
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5 hrs confidence:  franchise compensation
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| andres-larsen Venezuela Local time: 00:38 Specializes in field Native speaker of: English PRO pts in category: 117
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| Changes made by editors |
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| Jul 3, 2008 - Changes made by Nikki Graham: | | Edited KOG entry | Nikki Graham's old entry - "Indemnización franquicia" => "compensation excess" | | Jul 3, 2008 - Changes made by Nikki Graham: | | Created KOG entry | KudoZ term => KOG term |
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