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Fremdmandat

English translation: mandate exercised by an independent third party

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19:00 Jun 24, 2001
German to English translations [PRO]
Law/Patents
German term or phrase: Fremdmandat
in a public liability insurance policy, clause to include staff of subsidiary companies of the insured party
Natalie Grassmann
Italy
Local time: 23:33
English translation:mandate exercised by an independent third party
Explanation:
Just an explanatory translation.
Here the two text references: Die Mehrheit der Bevölkerung hat jegliche Hoffnung auf bessere Zeiten aufgegeben. Während einige die starke Hand des Militärs herbeisehnen, sprechen sich manche sogar für ein Fremdmandat von wem auch immer aus.
http://www.rsb4.de/avanti0501/tuerkei.htm
Sie haben bei der Swissair eine markante Rolle innegehabt:
Andere Banken vermeiden diese Gefahr, indem sie für den Big Boss Fremdmandate ausschliessen. Gilt in Zukunft auch für die Credit Suisse Group: keine Fremdmandate?
http://www.facts.ch/stories/0121_wir_muhle.htm
Selected response from:

Martina Ley
Local time: 23:33
Grading comment
Thanks. I had actually guessed at third party mandate and so was thankful for the 'correct' meaning of this term. In the end a descriptive answer has to be the best option in the lack of an accepted term.
4 KudoZ points were awarded for this answer

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Summary of answers provided
na +2mandate exercised by an independent third partyMartina Ley
nathird-party mandatexxxeurotransl
na -1sorry...
DPS
na -1third-party mandatexxxeurotransl
Summary of reference entries provided
UPDATE - see Outside Capacity, Outside Directorship, Outside Position, (etc.)
Kaiya J. Diannen

  

Answers


19 mins peer agreement (net): -1
third-party mandate


Explanation:
It is not in any of these dictionaries, but Google has yielded several hits for this term.


    Reference: http://www.google.com
xxxeurotransl
PRO pts in pair: 85

Peer comments on this answer (and responses from the answerer)
disagree  DPS: This is wrong. Please explain how exactly you verified your answer.
2 hrs
  -> Try to be constructive Petra; don't worry about your points. If you are lawyer, go to the court room now.
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1 hr peer agreement (net): -1
sorry...


Explanation:
Third-party mandate means "Kontovollmacht", ie is not the term you are looking for.
Unfortunately, I am unable to answer your question.
My apologies for the unconstructive comment.

DPS
Australia
Local time: 09:33
Native speaker of: Native in GermanGerman
PRO pts in pair: 56

Peer comments on this answer (and responses from the answerer)
disagree  xxxeurotransl: it has been verified
58 mins
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2 hrs peer agreement (net): +2
mandate exercised by an independent third party


Explanation:
Just an explanatory translation.
Here the two text references: Die Mehrheit der Bevölkerung hat jegliche Hoffnung auf bessere Zeiten aufgegeben. Während einige die starke Hand des Militärs herbeisehnen, sprechen sich manche sogar für ein Fremdmandat von wem auch immer aus.
http://www.rsb4.de/avanti0501/tuerkei.htm
Sie haben bei der Swissair eine markante Rolle innegehabt:
Andere Banken vermeiden diese Gefahr, indem sie für den Big Boss Fremdmandate ausschliessen. Gilt in Zukunft auch für die Credit Suisse Group: keine Fremdmandate?
http://www.facts.ch/stories/0121_wir_muhle.htm

Martina Ley
Local time: 23:33
Native speaker of: Native in CzechCzech
PRO pts in pair: 94
Grading comment
Thanks. I had actually guessed at third party mandate and so was thankful for the 'correct' meaning of this term. In the end a descriptive answer has to be the best option in the lack of an accepted term.

Peer comments on this answer (and responses from the answerer)
agree  xxxeurotransl: This is certainly a better answer.
5 mins

agree  DPS: This is not the same as third-party mandate. It is a good suggestion, though.
26 mins
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2 hrs
third-party mandate


Explanation:
Thank you mley for confirming "third-party mandate".

xxxeurotransl
PRO pts in pair: 85
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Reference comments


3841 days
Reference: UPDATE - see Outside Capacity, Outside Directorship, Outside Position, (etc.)

Reference information:
I am working on a translation that uses the word "Fremdmandatsregelung" in reference to another section in the policy entitled "Mandate in externen Organisationen". They both refer to the same thing, and it is not a "third-party mandate" or anything to do with a mandate or anything exercised by a third party!

"Mandat in externen Organisationen ist die Wahrnehmung eines Mandats als Aufsichts-, Verwaltungs-, Beirat oder einer vergleichbaren Funktion nach ausländischen Rechtsordnungen bei einer externen Organisation durch eine versicherte Person auf ausdrückliches Geheiß oder im Interesse und mit Einverständnis eines versicherten Unternehmens"

And now try some "real" English on for size:

"Outside Capacity means service by an Insured Person as a director, officer, trustee, regent, governor or any equivalent executive position in an Outside Entity, but solely during the time that such service is with the knowledge and consent or at the request of the Insured Organization"

"Outside Directorship means the position of director, officer, trustee, governor or equivalent executive position held by any Insured Person in an Outside Entity if service in such position was with the knowledge and consent or at the request of the Insured Organization"

"Outside Position means the position of director, officer, trustee, regent or governor held by any duly elected or appointed officer or employee of the Organization in any Portfolio Company, provided and so long as such service is part of the officer’s or employee’s regularly assigned duties with the Organization and at the specific written request or direction of the Organization"

Please do the research - find English-language insurance policies, they are everywhere - before using any of the older suggestions!


    Reference: http://www.hfpinsurance.com/hfpfiles/pdf/pe00h013a.pdf
    Reference: http://www.chubb.com/businesses/csi/chubb3080.pdf
Kaiya J. Diannen
Australia
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 165
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