årsavräkning

English translation: annual adjustment

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:årsavräkning
English translation:annual adjustment
Entered by: Charlesp

13:43 Feb 28, 2006
Swedish to English translations [PRO]
Bus/Financial - Insurance / insurance policies
Swedish term or phrase: årsavräkning
årsavräkning - a form of annual adjustment. but is there a specific technical term used in the insurance industry for this?
Charlesp
Sweden
Local time: 18:27
annual adjustment
Explanation:
This is the standard term in English where a provisional premium is paid initially which is adjusted at the end of the year of insurance.
Selected response from:

Neil Crockford
Local time: 17:27
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +4annual adjustment
Neil Crockford
3annual settlement
Don Spade (X)


  

Answers


29 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
annual settlement


Explanation:
Simple and obvious answer with plenty of hits when coupled with "insurance". Element of guesswork of course!

Don Spade (X)
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 18
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1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +4
annual adjustment


Explanation:
This is the standard term in English where a provisional premium is paid initially which is adjusted at the end of the year of insurance.

Neil Crockford
Local time: 17:27
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 53

Peer comments on this answer (and responses from the answerer)
agree  E2efour (X)
46 mins

agree  cologne
1 hr

agree  ojinaga
2 hrs

agree  cathbrorson: annual adjustment is the current word
3 days 4 hrs
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