Glossary entry (derived from question below)
German term or phrase:
Abfindungslast
English translation:
settlement/compensation cost
Added to glossary by
Mats Wiman
Jul 9, 2002 01:07
22 yrs ago
10 viewers *
German term
Kerim
Abfindungslast
Non-PRO
German to English
Law/Patents
Contractual
Die Zwangsabtretung erfolgt gegen Uebernahme der Abfindungslast durch den (die) Erwerber. Die Gesellschaft haftet neben dem/n Erwerber(n) fuer das Abfindungsentgelt als Gesamtschuldnerin. This clause appears in the "Zwangsabtretung, Einziehung von Geschaftsanteilen" section of a Gesellschaftsvertrag. Any ideas what the Abfindungslast is or what it entails? Thanks in advance.
Proposed translations
(English)
| 4 +4 | settlement cost |
Mats Wiman
|
| 4 +1 | indemnity burden |
Johannes Gleim
|
| 4 | severance pay |
Ulla Haufe
|
| 4 | severance costs (pay) |
gangels (X)
|
Proposed translations
+4
3 hrs
Mats Wiman
Sweden
Sweden
Sweden
DEU / ENG / FRA / SPA > SWE since 1982
Native in: Swedish (Variant: Stockholm) 
Works in: German to Swedish, English to Swedish, Swedish
Related KudoZ points
:
1498
2 KudoZ points awarded for this answer.
Comment: "Thanks!"
3 hrs
Ulla Haufe
20 Years Experience in Electronics
Works in: English to German, German to English, French to German
Related KudoZ points
:
156
severance pay
for employees, but could also be paying off creditors. The second sentence refers to the severance pay (Abfindungsentgelt), but it could be meant as a part of the whole 'Abfindungslast'. 'Last' only means all kind of payments, a package of payments, the load, the buyer will be burdened with, but I would not translate it.
+1
7 hrs
Johannes Gleim
Native in German
40 years Engineer, 20 years translations
Native in: German
Works in: English to German, German to English, French to German, and 6 more.
Related KudoZ points
:
2918
indemnity burden
Schäfer übersetzt "Abfindung" wie folgt:
(Re) indemnity (i.e. money compensation to settle a legal claim)
(Fin) money compensation (i.e. beim Ausscheiden eines Gesellschafter)
(Pw) dismissal pay (bei Entlassung)
- severance pay
- terminus bonus, usw.
Abtretung ist "assignment"
"Abfindungslast" würde ich in deiesem Zusammenhang als "indemnity burden" bezeichnen.
(Re) indemnity (i.e. money compensation to settle a legal claim)
(Fin) money compensation (i.e. beim Ausscheiden eines Gesellschafter)
(Pw) dismissal pay (bei Entlassung)
- severance pay
- terminus bonus, usw.
Abtretung ist "assignment"
"Abfindungslast" würde ich in deiesem Zusammenhang als "indemnity burden" bezeichnen.
Reference:
18 hrs
severance costs (pay)
I think is what it is, because they also talk about Abfindungsentgelt
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