Glossary entry

English term or phrase:

all ends

English answer:

ALL commissions / transaction charges (buy and sell)

Added to glossary by Demi Ebrite
Jul 10, 2008 23:45
15 yrs ago
English term

all ends

English Law/Patents Law: Contract(s)
All bank commissions outside the country of the issuance of l/c shall be for beneficiary's account, as well as any confirmation charges and discrepancy fees all ends.

I'm lost... what does that "all ends" mean here??
Change log

Jul 14, 2008 03:36: Demi Ebrite Created KOG entry

Jul 14, 2008 03:37: Demi Ebrite changed "Edited KOG entry" from "<a href="/profile/644936">Demi Ebrite's</a> old entry - "all ends"" to ""ALL commissions / transaction charges (buy and sell) will be debited from the beneficiary's account""

Responses

+4
40 mins
Selected

ALL commissions / transaction charges (buy and sell) will be debited from the beneficiary's account

The bank / brokerage firm makes a fee/commission from both the buy and sell of stock or a financial trade. In the event of confirmation charges (presumably both stock buy and sell charges) and any discrepancy fees, meaning the need for records to be produced, mediation or litigation, the fees and charges will be paid from the beneficiary's account, not the bank.

A rewording here may be a good idea.

. . . as well as all confirmation charges and discrepancy fees in any part of a transaction.
Peer comment(s):

agree Vincentius Mariatmo : Good term ^^ I cannot agree more than your answer above
2 hrs
Thank you!
agree Gary D : At every transaction point, where a transaction changes hands, the end of one and the beginning of another
2 hrs
Thank you, Gary - you are so right!
agree Phong Le
4 hrs
Thank you, phongicehcmc!
agree P Waters
8 hrs
Thank you, Lily!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks a million! That's the explenation I needed."
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