Nov 21, 2020 19:20
3 yrs ago
20 viewers *
Dutch term
voorschotvergoeding
Dutch to English
Bus/Financial
Insurance
I'm not sure what this word means in the context of this sentence, which is part of insurance terms and conditions under the section contract price, pool price:
Bij een poolovereenkomst zal, conform het desbetreffende geldende poolreglement, als voorlopige schadevaststelling gelden de voorschotvergoeding zoals die voor de aangesloten poolleden is vastgesteld.
Bij een poolovereenkomst zal, conform het desbetreffende geldende poolreglement, als voorlopige schadevaststelling gelden de voorschotvergoeding zoals die voor de aangesloten poolleden is vastgesteld.
Proposed translations
(English)
3 +1 | advance compensation; advance indemnification | Michael Beijer |
2 | ins. > pre-settlement funding payment | Adrian MM. |
Proposed translations
+1
57 mins
Selected
advance compensation; advance indemnification
see e.g.: https://www.lawinsider.com/clause/advance-indemnification
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Note added at 59 mins (2020-11-21 20:20:21 GMT)
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Juridisch-Economisch Lexicon (JurLex):
vergoeding =
payment , fee , consideration , remuneration
(voor bijv. administratiekosten) fee
(IFRS) benefit
(van onkosten) reimbursement, refund, compensation
(van schade) compensation, indemnification
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Note added at 59 mins (2020-11-21 20:20:21 GMT)
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Juridisch-Economisch Lexicon (JurLex):
vergoeding =
payment , fee , consideration , remuneration
(voor bijv. administratiekosten) fee
(IFRS) benefit
(van onkosten) reimbursement, refund, compensation
(van schade) compensation, indemnification
4 KudoZ points awarded for this answer.
Comment: "Thank you."
14 hrs
ins. > pre-settlement funding payment
Settlement payment in insurance means an ajustment of the ins. claim.
Otherise, the contract price of what needs spelling out.
Otherise, the contract price of what needs spelling out.
Example sentence:
A pre-settlement advance on your accident is designed to provide plaintiffs with a little cash to get by while their attorney fights for the compensation they deserve.
Reference:
http://www.bridgewaylf.com/guide-pre-settlement-advances
http://iate.europa.eu/search/standard/result/1606039107982/1
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