21:19 Jul 3, 2007 |
French to English translations [PRO] Bus/Financial - Law (general) | |||||||
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Summary of answers provided | ||||
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3 | proportional (franchise) fees/ retroceding (franchise) fees |
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3 -1 | proportionate royalties .. retrocessive royalties |
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proportionate royalties .. retrocessive royalties Explanation: my take -------------------------------------------------- Note added at 2 hrs (2007-07-03 23:33:14 GMT) -------------------------------------------------- PS: retrocedere (lat.) means to cede or grant back -------------------------------------------------- Note added at 2 hrs (2007-07-03 23:46:31 GMT) -------------------------------------------------- from my own business experience of many years, I interprete PROPORTIONATE to mean "in the same proportions" i.e. a given percentage (of royalties) whereas RETROCESSIVE means that the higher the volume, the lower the royalty, in other words "some of the royalty is 'given back' " - retroceded. |
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