GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:14 Jul 3, 2003 |
Japanese to English translations [PRO] Law/Patents - Insurance / Insurance | |||||||
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| Selected response from: Hirohisa Oda Local time: 01:53 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 | (To make an) Entry in Provision for Payment |
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4 | earmarking for the fund reserved |
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3 | Claim reserve figures |
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earmarking for the fund reserved Explanation: Recording the expecting amount of fund to be paid. -------------------------------------------------- Note added at 2003-07-03 15:40:42 (GMT) -------------------------------------------------- This could also be written as, \"earmarking for the reserve fund\". This means recording the expected amount of money or fund to be paid. |
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(To make an) Entry in Provision for Payment Explanation: The question asks for an acounting term. |
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Claim reserve figures Explanation: I guess this is referring to reserves for unsettled insurance claims and the need to accurately forecast the future cost of such claims. Reference: http://www.casact.org/library/astin/vol2no1/152.pdf |
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