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Underlift quantity

Spanish translation: solo una definición en inglés

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18:42 May 23, 2005
English to Spanish translations [Non-PRO]
Law/Patents - Law: Contract(s)
English term or phrase: Underlift quantity
es un contrato de compra venta de una empresa y en la cláusula en la que aparece dicha palabra se habla de sumas a abonar y sumas que se deben: ...the amount actually nominated for delivery by buyer be considered UNDERLIFT QUANTITY...
Cecilia
Spanish translation:solo una definición en inglés
Explanation:
Overlift / Underlift
Production overlift or underlift can occur in annual records because of the necessity for companies to lift their entitlement in parcel sizes to suit the available shipping schedules as agreed among the parties. At any given financial year-end, a company may be in overlift or underlift. Based on the production matching the company's accounts, production should be reported in accord with and equal to the liftings actually made by the company during the year, and not on the production entitlement for the year.
http://www.spe.org/spe/jsp/basic/0,,1104_3306579,00.html

Selected response from:

Ana Brassara
Local time: 11:00
Grading comment
3 KudoZ points were awarded for this answer

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Summary of answers provided
5solo una definición en inglés
Ana Brassara


  

Answers


4 hrs   confidence: Answerer confidence 5/5
underlift quantity
solo una definición en inglés


Explanation:
Overlift / Underlift
Production overlift or underlift can occur in annual records because of the necessity for companies to lift their entitlement in parcel sizes to suit the available shipping schedules as agreed among the parties. At any given financial year-end, a company may be in overlift or underlift. Based on the production matching the company's accounts, production should be reported in accord with and equal to the liftings actually made by the company during the year, and not on the production entitlement for the year.
http://www.spe.org/spe/jsp/basic/0,,1104_3306579,00.html



Ana Brassara
Local time: 11:00
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 405
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