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reeds verschuldigd en wordt uitbetaald

English translation: due and will be paid

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:reeds verschuldigd en wordt uitbetaald
English translation:due and will be paid
Entered by: Alexander Schleber
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08:41 Sep 12, 2001
Dutch to English translations [PRO]
Bus/Financial
Dutch term or phrase: reeds verschuldigd en wordt uitbetaald
The paragraph is talking about payment of bonuses, but I'm not quite clear on the exact meaning of this sentence:
De bonus is reeds verschuldigd en wordt uitbetaald aan het einde van elk kwartaal naar aanleiding van een geschat percentage van [00].
Lucy Simpson
Local time: 05:52
due and will be paid
Explanation:
"The bonus is due and will be paid out at the end of each quarter, on the basis of ...""

HTH
Selected response from:

Alexander Schleber
Belgium
Local time: 06:52
Grading comment
That's perfect, thank you - I think 'reeds' threw me, because this is referring to something that will happen, not something that has already happened.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1due and will be paid
Alexander Schleber


  

Answers


20 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
due and will be paid


Explanation:
"The bonus is due and will be paid out at the end of each quarter, on the basis of ...""

HTH

Alexander Schleber
Belgium
Local time: 06:52
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 826
Grading comment
That's perfect, thank you - I think 'reeds' threw me, because this is referring to something that will happen, not something that has already happened.

Peer comments on this answer (and responses from the answerer)
agree  Marijke Mayer: also according to Van den End's Juridsch Lexicon.
24 mins
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