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offene Abrechnungsperiode

English translation: open accounting period

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20:55 Nov 14, 2013
German to English translations [PRO]
Bus/Financial - Accounting / Swiss insurance vs. reinsurance accounting
German term or phrase: offene Abrechnungsperiode
Abrechnungsverbindlichkeit aus dem Rückversicherungsgeschäft(1)

Hier handelt es sich um die ***offene Abrechnungsperiode mit der Rückversicherung***.
Per Ende 2011 besteht ein Rückversicherungsvertrag mit der .

Does this mean the above item(1) is about a liability owed by the annual financial statements' reporting entity (a large business/AG from the insurance industry) to the reinsurance company - that (and now the time element comes into the picture ...?)

-> "This concerns the period for which the settlement liability owed to the reinsurance company has been outstanding"?
Sebastian Witte
Germany
Local time: 17:48
English translation:open accounting period
Explanation:
Die offene Abrechnungsperiode bezeichnet man im Englischen als "open accounting period".
Selected response from:

Marina Steinbach
United States
Local time: 11:48
Grading comment
2 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1open accounting period
Marina Steinbach


  

Answers


6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
open accounting period


Explanation:
Die offene Abrechnungsperiode bezeichnet man im Englischen als "open accounting period".

Marina Steinbach
United States
Local time: 11:48
Does not meet criteria
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 2

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