ensidige vederlag

English translation: payments that are not consideration (for supply)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Norwegian term or phrase:	ensidige vederlag
English translation:	payments that are not consideration (for supply)
Entered by:	brigidm

08:47 Sep 30, 2010

Norwegian to English translations [PRO]
Bus/Financial - Law: Taxation & Customs

Norwegian term or phrase: ensidige vederlag

"Ensidige vederlag som bøter eller erstatninger, hvor den som betaler ikke får noen motytelse i form av varer eller tjenester faller utenfor loven"

brigidm KudoZ activity Questions: 734 (5 open) (34 without valid answers) (121 closed without grading) Answers: 658 Norway
Local time: 03:37

payments that are not consideration (for supply)

Explanation:
As requested in the discussion...

As I said, though, I don't think the Norwegian is an actual term so it could be translated literally in the context

Selected response from:

Christopher Schröder
United Kingdom

Grading comment

Thanks, Chris.
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +2

unrequited payments

Adrian MM. (X)

voluntary payments

Charlesp

3 +1

unilateral compensations

Per Bergvall

3 +1

payments that are not consideration (for supply)

Christopher Schröder

Discussion entries: 3

Answers

2 hrs confidence:

peer agreement (net): +1

unilateral compensations

Explanation:
There's about half a dozen G-hits for this out there...

Per Bergvall
Norway
Local time: 03:37
Works in field
Native speaker of:

Norwegian
PRO pts in category: 26

Notes to answerer

Asker: 1. I got 3 hits with "unilateral compensations". 2. From what I could see, none of the hits for "unilateral compensation" had any direct relevance to the given context, i.e. taxation. To be fair, though, I should probably have supplied even more context to make this clearer. Will do so now.

1 day 1 min confidence:

peer agreement (net): +1

payments that are not consideration (for supply)

Explanation:
As requested in the discussion...

As I said, though, I don't think the Norwegian is an actual term so it could be translated literally in the context

Christopher Schröder
United Kingdom
Works in field
Native speaker of:

English
PRO pts in category: 8

Grading comment

Thanks, Chris.

1 day 11 hrs confidence:

peer agreement (net): +2

unrequited payments

Explanation:
Other options: ex gratia, but this denotes no legal obligation. The first web ref. mentions an ex gratia ploy used - in a provision of services context - by a corporation to avoid VAT.

Payments unmatched by a quid pro quo or unsupported by consideration.

It's no good 'leaving out when in doubt'.

Example sentence(s):

Taxes are compulsory unrequited payments, where unrequited means that the payer does not receive anything directly in return.

Reference: http://www.accountingweb.co.uk/item/88316
Reference: http://www.publications.parliament.uk/pa/cm200809/cmselect/c...

Adrian MM. (X)
Local time: 03:37
Specializes in field
Native speaker of:

English
PRO pts in category: 23

4 days confidence:

voluntary payments

Explanation:
I would translate it as "voluntary payments" (in this context), and suggest that the text surrounding this would provide the context that it is not for specific goods or services).

Charlesp
Sweden
Local time: 03:37
Works in field
Native speaker of: English

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ensidige vederlag

English translation: payments that are not consideration (for supply)

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English translation: payments that are not consideration (for supply)

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