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Verrechnungstag

English translation: date of payment/date of settlement

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Verrechnungstag
English translation:date of payment/date of settlement
Entered by: Dawn Montague
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04:23 Mar 16, 2001
German to English translations [PRO]
Law/Patents
German term or phrase: Verrechnungstag
Could this be the day of taking possession? "Verrechnungstag ist der auf die Zahlung des Kaufpreises folgende Monatserste."
Dawn Montague
Local time: 12:59
date of payment / date of settlement
Explanation:
The date of payment/settlement shall be the first day of the month immediately following the payment of the purchase price.

However, if this is not introduced as a defined term, you can simply say "The payment is due on the first day etc."
Selected response from:

Asya Sokirko
United States
Local time: 12:59
Grading comment
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3 KudoZ points were awarded for this answer

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Summary of answers provided
nadate of payment / date of settlement
Asya Sokirko
naclearing dayClaudia Eichbauer
naEffective dategangels


  

Answers


35 mins
Effective date


Explanation:
The effective date shall be the first day of the month following completed payment of purchase price

gangels
Local time: 10:59
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in pair: 5508
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1 hr
clearing day


Explanation:
date on which the amount clears/ is deposited.


    Langenscheidt, Wirtschaftsw.
    W. Schaefer, Fachw. Finanzen, Banken, usw.
Claudia Eichbauer
Canada
Local time: 09:59
Native speaker of: Native in GermanGerman
Login to enter a peer comment (or grade)

1 hr
date of payment / date of settlement


Explanation:
The date of payment/settlement shall be the first day of the month immediately following the payment of the purchase price.

However, if this is not introduced as a defined term, you can simply say "The payment is due on the first day etc."


    experience
Asya Sokirko
United States
Local time: 12:59
Native speaker of: Native in RussianRussian, Native in EnglishEnglish
PRO pts in pair: 42
Grading comment
Thanks!
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