Glossary entry (derived from question below)
French term or phrase:
Participations aux bénéfices et ristournes
English translation:
Bonuses and rebates
French term
"Participations aux bénéfices et ristournes"
The following sentence appears in an insurance company's annual report:
Participations aux bénéfices et ristournes, nettes de réassurance (-)
According to GDT, "Participations aux bénéfices" on its own can mean either "profit-sharing" or "dividends". However, I need help with the full phrase.
Any advice or help much appreciated on my behalf as always. Thank you in advance for your time.
Chris.
4 +1 | Bonuses and rebates | JAN SNAUWAERT |
http://209.85.229.132/search?q=cache:Dkt... | liz askew |
bonuses and rebates | cmwilliams (X) |
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Proposed translations
Bonuses and rebates
I am pretty sure.
agree |
cmwilliams (X)
18 mins
|
Thanks!
|
Reference comments
bénéfices = bonus [here]
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Line 297
22, Deduction for patronage dividends received from a cooperative ..... after the note "Deduction for patronage dividends" (or "Déduction pour ristournes"). ...
www.revenu.gouv.qc.ca/eng/pub_form/guides/tp1g_2008/aidelig... - 47k - Cached - Similar pages
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Write-offs top $1B in '08: Desjardins
In January it announced a sharp reduction in annual "ristournes" or dividends paid to caisse populaire members. CEO Monique Leroux said Monday the total ...
www.montrealgazette.com/news/Write offs Desjardins/1345363/... - 80k - Cached - Similar pages
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Note added at 1 hr (2009-04-08 13:48:02 GMT)
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bonuses and dividends??
http://www.google.co.uk/search?q=bonuses dividends Insurance...
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Note added at 1 hr (2009-04-08 13:49:22 GMT)
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http://books.google.co.uk/books?id=0jCYo4RbuuQC&pg=PA72&lpg=...
here "participation aux bénéfices" = vested bonus...
bonuses and rebates
(General business technical account: item I.6
Long term business technical: item II.7)
Bonuses must comprise all amounts chargeable for the financial year which are paid or payable to members and, policy holders, other insured parties or provided for their benefit, including amounts used to increase technical provisions or applied to the reduction of future premiums, to the extent that such amounts represent an allocation of surplus or income arising on business as a whole or a section of business, after deduction of amounts provided in previous years which are no longer required.
http://www.opsi.gov.uk/si/si1994/Uksi_19941983_en_6.htm
Bonuses and rebates, net of reinsurance. Bonuses shall comprise all amounts chargeable for the financial year which are paid or payable to policyholders and ...
eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31991L0674:EN:HTML
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