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Diskontsatzüberleitungsgesetz

English translation: Discount Rate Transition Act,

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11:30 Aug 11, 2000
German to English translations [PRO]
Bus/Financial
German term or phrase: Diskontsatzüberleitungsgesetz
This word appears in a contract and the context involves a licensee having to pay a rate of 5% over the basic interest rate in accordance with section 1 of the Diskontsatzüberleitungsgesetz of 09.06.98. I know that Diskontsatz is the minimum lending rate but am stuck with überleitung here. Does anyone know what this law is called?
Julie
English translation:Discount Rate Transition Act,
Explanation:
The Bundesbank website gives this translation at the URL below.
Selected response from:

Nancy Schmeing
Canada
Local time: 05:32
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
naDiscount Rate Transition Act,Nancy Schmeing
nadiscount rate transference lawUlrike Lieder
naSee belowCami Townsend
naBank RateTransitory Law
Johanna Timm, PhD


  

Answers


14 mins
Bank RateTransitory Law


Explanation:
Dietl/Lorenz under "Ueberleitungssesetz" and "Discount rate". Hope this helps? Johanna


    Dietl/ Lorenz
Johanna Timm, PhD
Canada
Local time: 02:32
Native speaker of: Native in GermanGerman
PRO pts in pair: 7302
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34 mins
See below


Explanation:
The URL below provides some valuable information on the DÜG. Part of the Federal Cabinet's passing of the act on introducing the euro, the DÜG offers an alternative basis for determining interest rates for the period between 1/1/99 and 12/31/2001, i.e. from when the Diskontsatz of the Deutche Bundesbank ceased to exist to full introduction of the euro.
I wasn't able to find an official translation of the law or its name on the web. In that case I would leave the name as is and explain its significance in brackets.


    Reference: http://zdf.de/ratgeber/wiso/service/eurodatenbank/04319/inde...
Cami Townsend
PRO pts in pair: 227
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38 mins
discount rate transference law


Explanation:
Überleitungsgesetz = transference law, transitional law (Romain)
[US usage would most likely be "act" instead of "law", generally all laws enacted by the US Congress are called ... Act]
Diskontsatz = discount rate (Zahn, WB Bank- und Börsenwesen)

You may wish to check out the URL below: this website contains (some, unfortunately not all) German laws in English translation - maybe you'll find something there!
http://iecl.iuscomp.org/gla/statutes/statutes.htm

Ulrike Lieder
Local time: 02:32
Native speaker of: German
PRO pts in pair: 3525
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5 hrs
Discount Rate Transition Act,


Explanation:
The Bundesbank website gives this translation at the URL below.


    Reference: http://www.bundesbank.de/en/presse/pressenotizen/archiv99/no...
Nancy Schmeing
Canada
Local time: 05:32
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 328
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