Glossary entry (derived from question below)
Swedish term or phrase:
årsavräkning
English translation:
annual adjustment
Added to glossary by
Charlesp
Feb 28, 2006 13:43
18 yrs ago
Swedish term
årsavräkning
Swedish to English
Bus/Financial
Insurance
insurance policies
årsavräkning - a form of annual adjustment. but is there a specific technical term used in the insurance industry for this?
Proposed translations
(English)
5 +4 | annual adjustment | Neil Crockford |
3 | annual settlement | Don Spade (X) |
Proposed translations
+4
1 hr
Selected
annual adjustment
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.
4 KudoZ points awarded for this answer.
29 mins
annual settlement
Simple and obvious answer with plenty of hits when coupled with "insurance". Element of guesswork of course!
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