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unité de compte

English translation: account unit

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:unité de compte
English translation:account unit
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22:57 May 20, 2001
French to English translations [PRO]
Bus/Financial
French term or phrase: unité de compte
insurance
Justice Olsson
unit of account
Explanation:
robert and collins management dictionary
les OPCVM sont en francs ou unites de compte
good luck
Selected response from:

Albert Golub
Local time: 03:33
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
naunit of account
Nikki Scott-Despaigne
naunit of account / account unit
Nikki Scott-Despaigne
nacurrency unit
Gillian Hargreaves
naunit-linked (policy)Buzzy
naunit of accountAlbert Golub
naunit of accumulationCarole Reade-Kentros


  

Answers


17 mins
unit of accumulation


Explanation:

unit of accumulation

unité de compte n. f.



Déf. :
Dans un contrat individuel, unité servant à déterminer la rente à capital
variable d'un constituant.

Bon courage !


    Grand dictionnaire
Carole Reade-Kentros
Local time: 04:33
PRO pts in pair: 90
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18 mins
unit of account


Explanation:
robert and collins management dictionary
les OPCVM sont en francs ou unites de compte
good luck

Albert Golub
Local time: 03:33
Native speaker of: French
PRO pts in pair: 359

Peer comments on this answer (and responses from the answerer)
lefoque

Parrot
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1 hr
unit-linked (policy)


Explanation:
Here's a useful definition from www.moneyextra.com

Glossary: Unit-linked insurance policies

Life insurance savings and pension policies can be divided into two categories.With-profits and unit linked. These two categories are simply different ways of adding value to policyholders. Savers in with-profits policies have the security of knowing that once bonuses have been added to their savings pot, they can't be taken away. Unit linked policyholders know that if the investment performance of the insurer is poor, they could find the value of their 'units' - their investment falling in value. In unit linked policies, the policyholder's premiums are used to buy units in a fund run by the insurer. The policyholder can usually choose from a range of investment funds covering a spread of investment markets but usually including a managed fund, an equities fund and a property fund.

Unit prices for life insurance funds change daily (in the same way that unit trust prices do). Both can be found quoted in the broadsheet newspapers including the Financial Times.

As with unit trusts, two prices are usually given. One is the offer price - at which the fund manager will sell units to you. And, there's the bid price - at which the fund manager will buy units from you. The differential between the two is typically between 5 and 7% - it's the way the fund manager makes his money !

The value of the policyholder's units is directly linked to the value of the underlying assets and so will fluctuate. While the long term trend may be for the units to grow in value, on a day to day basis, the value of the units can fall. While unit linked insurance policies subject savers to a little more volatility than with profits policies, they do offer some advantages. e.g. if you decide to surrender your policy, you will know with certainty what you'll receive - it'll be the 'offer price'



    own knowledge + web search
Buzzy
Local time: 03:33
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 377
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5 hrs
currency unit


Explanation:
This appears to be correct in the context of insurance (see below)

Gillian Hargreaves
Local time: 02:33
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 575
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13 hrs
unit of account


Explanation:
If Gill's suggestion (I have the same Dictionary) works, then perhaps a marriage of both suggestions made might work : currency unit of account. Then again, perhaps "unit of account" is self-explanatory?!

1 - http://www.investorwords.com/c8.htm#currency

currency : Any form of money that is in public circulation. see also soft currency, hard currency, European Currency Unit (ECU), Eurocurrency, convertible currency, dual currency bond

2 - http://www.investorwords.com/u1.htm#unit

unit : A quantity generally accepted as a standard for exchange. Also, a combination of multiple securities, such as common stock and warrants, sold together as a single product. see also accumulation unit, bargaining unit, European Currency Unit, specialist unit.

3 - http://europa.eu.int/eur-lex/fr/lif/reg/fr_register_016010.h...

01.60.10 - Unité de compte

Droit communautaire dérivé
375S3289
Décision n° 3289/75/CECA de la Commission, du 18 décembre 1975, relative à la définition et à la conversion de l'unité de compte à utiliser dans les décisions, recommandations, avis et communiqués dans les domaines du traité instituant la Communauté européenne du charbon et de l'acier
JO L 327 19.12.1975 p.4
Modifié par 380S3334 (JO L 349 23.12.1980 p.27)
380R3308

Règlement (CEE, Euratom) n° 3308/80 du Conseil, du 16 décembre 1980, relatif au remplacement de l'unité de compte européenne par l'Écu dans les actes communautaires
JO L 345 20.12.1980 p.1

4 - http://europa.eu.int/eur-lex/en/lif/reg/en_register_016010.h... (SAME THING IN ENGLISH - OFFICIAL VERSION)

01.60.10 - Unit of account

Secondary legislation
375S3289
Decision No 3289/75/ECSC of the Commission of 18 December 1975 on the definition and conversion of the unit of account to be used in decisions, recommendations, opinions and communications for the purposes of the Treaty establishing the European Coal and Steel Community
OJ L 327 19.12.1975 p.4
Amended by 380S3334 (OJ L 349 23.12.1980 p.27)
380R3308

Council Regulation (EEC, Euratom) No 3308/80 of 16 December 1980 on the replacement of the European unit of account by the ECU in Community legal instruments
OJ L 345 20.12.1980 p.1

5 - http://www.raiffeisen.ch/lexikon/europa-f.htm

Unité de compte européenne / European Unit of Account

De 1961 à 1972, unité de compte de l'Union européenne des paiements (EUP), de 1973 à 1979 unité de compte de la Communauté économique européenne. A l'origine, même valeur que le dollar américain, plus tard définie comme le panier des monnaies des pays de la CE.





    webrefs in body of answer
Nikki Scott-Despaigne
Local time: 03:33
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 4431
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12 days
unit of account / account unit


Explanation:
The former rigns truer to my humble English ears!

Nikki Scott-Despaigne
Local time: 03:33
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 4431
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