Glossary entry (derived from question below)
German term or phrase:
auswaschen
English translation:
seek/rely on a wash-out (settlement)
Added to glossary by
Edith Kelly
Jan 11, 2023 11:39
1 yr ago
25 viewers *
German term
auswaschen
German to English
Marketing
Agriculture
Harvest
Ebenso wird die Weizenernte mit 11,5 Mio. t gegenüber der Ernte 21 mit 21,1 Mio. t um 54% kleiner ausfallen. Damit ist es unwahrscheinlich, dass die xxx Agrarindustrie ihre bereits eingegangen Exportverpflichtungen von ca. 9 Mio. t bei einem Inlandsbedarf von ca. 7,0 Mio. t Weizen vollständig erfüllen kann. Dies wird zu Deckungskäufen in anderen Regionen führen, ob die Fehlmengen dabei "ausgewaschen" oder in das nächste Jahr verschoben werden, bleibt abzuwarten.
Was ist damit gemeint?
Vielen Dank im Voraus
Was ist damit gemeint?
Vielen Dank im Voraus
Proposed translations
(English)
3 +2 | seek/rely on a wash-out (settlement) | Johanna Timm, PhD |
3 +2 | smoothed out | Lancashireman |
Proposed translations
+2
7 hrs
Selected
seek/rely on a wash-out (settlement)
„Auswaschen“ ist einfach die Lehnübersetzung des englischen „Washout“. Dabei handelt es sich um eine besondere Art der Abrechnung bei Lieferverträgen, bei der die Ware nicht physisch geliefert wird, sondern die Parteien sich stattdessen auf einen Differenzausgleich einigen.
-"A wash-out is a special method of settlement in supply contracts. In these cases, the goods are not physically delivered. Instead, a difference settlement takes place between the parties.
This method is mainly used in grain and animal feed trading contracts and in oil and fat trading. Both the GAFTA / FOSFA contracts and the standard terms and conditions provide for this.
As a rule, in a supply chain, each party would pay the full purchase price to its respective seller and would receive the full purchase price from its own buyer. This is often not practicable. In addition, higher bank charges apply if the full purchase price has to be transferred."
https://www.owlaw.com/german-customs-law/10703-wash-out-cont...
- "The 'washout' value is the additional cost for the buyer to replace the pre-purchased contract grain with current market valued grain."
https://www.graintrade.org.au/sites/default/files/Publicatio...
-"Wash outs are common to all commodity trading. Common reasons for wash outs are a seller's inability to cover, to supply the goods under contract for reasons which cannot be considered "force majeure”.
https://www.btb.termiumplus.gc.ca/tpv2alpha/alpha-eng.html?l...
-"To wash out a Contract is to cancel the transactional arrangement due to various factors determined outside of AgriDigital.
Once a washout has been agreed upon by the two parties, a user can complete the washout by executing one of the following:..."
https://knowledgebase.agridigital.io/hc/en-us/articles/36000...
-"A wash-out is a special method of settlement in supply contracts. In these cases, the goods are not physically delivered. Instead, a difference settlement takes place between the parties.
This method is mainly used in grain and animal feed trading contracts and in oil and fat trading. Both the GAFTA / FOSFA contracts and the standard terms and conditions provide for this.
As a rule, in a supply chain, each party would pay the full purchase price to its respective seller and would receive the full purchase price from its own buyer. This is often not practicable. In addition, higher bank charges apply if the full purchase price has to be transferred."
https://www.owlaw.com/german-customs-law/10703-wash-out-cont...
- "The 'washout' value is the additional cost for the buyer to replace the pre-purchased contract grain with current market valued grain."
https://www.graintrade.org.au/sites/default/files/Publicatio...
-"Wash outs are common to all commodity trading. Common reasons for wash outs are a seller's inability to cover, to supply the goods under contract for reasons which cannot be considered "force majeure”.
https://www.btb.termiumplus.gc.ca/tpv2alpha/alpha-eng.html?l...
-"To wash out a Contract is to cancel the transactional arrangement due to various factors determined outside of AgriDigital.
Once a washout has been agreed upon by the two parties, a user can complete the washout by executing one of the following:..."
https://knowledgebase.agridigital.io/hc/en-us/articles/36000...
4 KudoZ points awarded for this answer.
Comment: "great, thanks to all. "
+2
1 hr
German term (edited):
ausgewaschen
smoothed out
Xxx (Ukraine?) was contractually obliged to export 9m tonnes of wheat in 2022. It remains to be seen whether the shortfall will be smoothed out (made up from other sources) or be carried over into 2023.
Example:
April saw the introduction of new accounting regulations for student loans, allowing the projected shortfall to be smoothed out over the next 30 years.
https://www.theguardian.com/education/2014/oct/12/what-is-fu...
Example:
April saw the introduction of new accounting regulations for student loans, allowing the projected shortfall to be smoothed out over the next 30 years.
https://www.theguardian.com/education/2014/oct/12/what-is-fu...
Note from asker:
Thanks a lot but no, not the Ukraine |
Peer comment(s):
agree |
Simon Vigneault
28 mins
|
agree |
Steffen Walter
: "Sounds plausible, thanks for sharing!" ;-))
6 hrs
|
Sounds familiar:-) Thanks.
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