Dauerschuldverhältnissen

English translation: continuous obligations

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Dauerschuldverhältnisse
English translation:	continuous obligations
Entered by:	Trudy Peters

14:04 May 20, 2002

German to English translations [PRO]
Bus/Financial / Audit report

German term or phrase: Dauerschuldverhältnissen

Drohende Verluste aus Dauerschuldverhältnissen

Gillian Searl KudoZ activity Questions: 615 (none open) (9 closed without grading) Answers: 99 United Kingdom
Local time: 10:02

continuous obligations

Explanation:
Should work here.

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Note added at 2002-05-20 14:14:41 (GMT)
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See: http://www.elwing.de/Lexikon_D-E.html

Selected response from:

Georg Finsterwald
Germany
Local time: 11:02

Grading comment

My goodness, emotions are running high! I chose this one because it's in a dictionary and avoids the "debt" question.
Thank you!
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +3

continuous obligations

Georg Finsterwald

anticipated losses arising out of contracts for the performance of continuous obligations

Rod Darby (X)

4 -1

(threatening losses due to) chronic outstanding debt

Roddy Stegemann

4 -1

long-term debt obligations

Ron Stelter

4 -1

long-term debt obligations

Anne McLintic Smith

Answers

8 mins confidence:

peer agreement (net): -1

(threatening losses due to) chronic outstanding debt

Explanation:
no explanation required

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Note added at 2002-05-20 14:52:37 (GMT)
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http://homepage.mac.com/moogoonghwa/earth.html

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Note added at 2002-05-20 14:55:30 (GMT)
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Also, do not forget to take a look at

http://www.elwing.de/Rechtslexikon.html

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Note added at 2002-05-21 02:48:11 (GMT)
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NOTE #1:

Long term debts in German are not \'Dauerschulden\', they \'langfristige Schulden\' or \'langfristige Verbindlichkeiten\'. The opposite of long term debt is short term debt \'kurzfristige Schulden\' or \'kurz fristige Verbindlichkeiten\'.

NOTE #2:

It is extremely common to use medical terminology in speaking about economic and financial terms dealing with the general health of economies, industries, and firms. By way of example, \'financial injection\', \'economic slump\', \'econony recovery\', \'price shock\', \'chronic deficit\' etc. These terms are borrowed by economists and economic reporters by way of analogy to make clear to the layman otherwise difficult to understand, mathematical concepts.

NOTE #3:

This is an audit report; it is not a legal matter. Auditors are not lawyers and they are paid to report the health of companies to management and stockholders.

NOTE #4:

What is probably at issue here, is outstanding debt which is continuously turned over, but never truly repaid. In short, the company\'s creditor lends new money to the company in order to pay back old debt that it owes its creditor with the mutual hope that the company will eventually turnaround, and all debts can be repaid.

NOTE #5
Those who live by dictionaries and lexikons, die by them. Good translators are not slaves to books; rather, they are servants to the ideas of others and those to whom they convey those ideas in the name of mutual understanding in a polyglot world.

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Note added at 2002-05-21 07:36:45 (GMT) Post-grading
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You can lead mules to water, but you cannot make them drink!

Roddy Stegemann
United States
Local time: 02:02
Native speaker of:

English
PRO pts in pair: 285

8 mins confidence:

peer agreement (net): +3

continuous obligations

Georg Finsterwald
Germany
Local time: 11:02
Native speaker of: German
PRO pts in pair: 318

Grading comment

My goodness, emotions are running high! I chose this one because it's in a dictionary and avoids the "debt" question.
Thank you!

1 hr confidence:

peer agreement (net): -1

long-term debt obligations

Explanation:
this is my take

Ron Stelter
Local time: 04:02
Native speaker of:

English
PRO pts in pair: 198

2 hrs confidence:

peer agreement (net): -1

long-term debt obligations

Explanation:
I agree with previous responder

Anne McLintic Smith
Local time: 05:02
Native speaker of:

English,

Elamite
PRO pts in pair: 4

3 hrs confidence:

anticipated losses arising out of contracts for the performance of continuous obligations

Explanation:
Gillian,
you must distinguish between 'Dauerschuld' (=long-term debt) and 'Dauerschuldverhältnis'. Examples of the latter are leasing, rental and employment contracts. Long-term debt, loans etc. are, unexpectedly, NOT 'Dauerschuldverhältnisse'. There can be no question of a 'drohender Verlust' arising out of long-term debt, for example, whereas it is easy to think of examples for the kinds of contract mentioned above.
HTH
Rod

Woywode: Accounting and Tax dico.

Rod Darby (X)
Ghana
Local time: 09:02
Native speaker of: English
PRO pts in pair: 193

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