Glossary entry

German term or phrase:

Altsparerentschädigung

English translation:

compensation for pre-war savings [pre-monetary reform savings]

Added to glossary by Steffen Walter
Feb 1, 2005 20:14
19 yrs ago
German term

Altsparerentschädigung

German to English Bus/Financial Insurance German's WW2 economic system
Could this be a typo?
The term comes up in a document that is part of a Holocaust survivor's claim for compensation for lapsed insurances. ... "Eine Altsparerentschaedigung entfaellt auch in diesem Fall, weil die Versicherung bereits am .....1941 faellig geworden waere."
Proposed translations (English)
4 +3 compensation for pre-war savings
Change log

Dec 27, 2005 16:40: Steffen Walter changed "Term asked" from "Altsparerentschaedigung" to "Altsparerentsch�digung"

Proposed translations

+3
13 mins
German term (edited): Altsparerentsch�digung
Selected

compensation for pre-war savings

It comes up in KudoZ search already - see http://www.proz.com/?sp=search_kudoz , then http://www.proz.com/kudoz/867948 (personally, I'd find "compensation for pre-monetary reform savings" more appropriate as this covers the period until 1948). Altsparer = an individual/person having made "historic"/"old" savings.

No typo involved here, except perhaps for the German umlaut ä.

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Note added at 15 mins (2005-02-01 20:29:55 GMT)
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More precisely, the term Altsparer refers to the period from 1940 to 1948, according to the KudoZ question quoted.
Peer comment(s):

agree Kathi Stock : makes sense
47 mins
agree RobinB : My 1955 2nd edition of Gunston & Corner says "compensation for holders of old savings accounts, but I'd certainly prefer the "for pre-monetary reform savings" (or even "Reichsmark-denominated savings").
15 hrs
Yes, "Reichsmark-denominated savings" would make perfect sense here.
agree gangels (X)
18 hrs
Something went wrong...
4 KudoZ points awarded for this answer.
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