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Hamburg method

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05:40 Nov 1, 2000
Portuguese to English translations [Non-PRO]
Bus/Financial
Portuguese term or phrase: Hamburg method
Trata-se de um contrato de empréstimo.
"Essa correção monetária será calculada pelo MÉTODO HAMBURGUÊS, debitada no primeiro dia de cada mês após o dia da contração..."
Alguém sabe o que é o "método hamburguês"? Já ouviram esse termo por aí?
mluiza
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Summary of answers provided
naJuros simples calculados sobre o saldo diário
M.Badra
naBig Mac IndexxxxLia Fail


  

Answers


8 hrs
Big Mac Index


Explanation:
3 POSSIBILITIES

1. Related to Hamburg, the city
2. Related to a bank called Hamburger Landsbank
3. A surname Hamburger

Less likely possibility (sounds too visceral for banking though) is a method whereby something is 'sandwiched'.

A final possibility which is possibly the 'best' option, even if again a bit visceral for banking, is the Big Mac Index. See extract:

"The Big Mac Index...a comparison of hamburger prices across the globe. The Big Mac Index is a version of the concept of Purchasing Power Parity (PPP), according to which the prices of an equivalent basket of non-tradable goods and services - such as haircuts, milk, and apartments - are compared across many countries. In countries in which the same basket of goods is more expensive in dollar terms, the local currency is considered to be overvalued. Rather than taking a diverse basket of goods, the Big Mac Index simply compares the prices of one identical item sold in about 110 countries: a McDonald's hamburger."

This is probably your solution; the bank 'corrects' the payment due (maybe a salary?) on the basis of the Big Mac Index. The ref belows (scroll down a bit) describes it, and refers to 'Economist' pages on the subject (I couldn't obtain these pages unfortunately). It's serious stuff this Big Mac Index!

http://www.google.com/search?q=cache:www.econedlink.org/minu...


xxxLia Fail
Spain
Local time: 15:38
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 164

Peer comments on this answer (and responses from the answerer)
M.Badra
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2 days 1 hr
Juros simples calculados sobre o saldo diário


Explanation:
Neste caso "Hamburgues" não se relaciona à Teoria da Paridade do Poder de Compra como sugeriu acima o colega, mas sim ao cálculo de juros simples sobre saldos devedores variáveis. Infelizmente não consigo me recordar da expressão utilizada em inglês, mas algo como "interest on the average balance" descreveria razoavelmente a forma de cálculo. No link abaixo você tem uma explicação mais técnica sobre o assunto.

Espero que ajude,

Márcio


    Reference: http://am.esalq.usp.br/desr/dum/node35.html
M.Badra
Brazil
Local time: 12:38
Native speaker of: Native in PortuguesePortuguese
PRO pts in pair: 68
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