Glossary entry

German term or phrase:

Beitragskonto/-depot

English translation:

[paid-in] premiums account

Added to glossary by Paula Price
Aug 29, 2004 21:30
19 yrs ago
5 viewers *
German term

Beitragskonto/-depot

German to English Bus/Financial Insurance
Sicherheitenverwertung

Macht die Bank die ihr abgetretenen Rechte geltend, ist sie insbesondere berechtigt, den Versicherungsvertrag zu kündigen, den Rückkaufswert und ein auf einem Beitragskonto/-depot angesammeltes Guthaben nebst Zinsen einzuziehen.

(Life assurance)
Proposed translations (English)
4 +3 [paid-in] premiums account
3 -1 contribution accounts/deposits

Proposed translations

+3
1 hr
Selected

[paid-in] premiums account

Here, Beitrag are [monthly or quarterly] premiums you pay for your insurance. Not sure under which circumstance they could these assets 'einziehen', but that's another story.
Peer comment(s):

agree Steffen Walter : [paid-in] premium* account/deposit, I'd say.
6 hrs
agree Terry Moran : Not "deposit", though. I can't think of a case when I'd render Depot as deposit.
8 hrs
agree Sabine Tietge
12 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot!"
-1
1 hr

contribution accounts/deposits

but since this seems to concern exclusively insurance membership payments, you might also consider: dues account/deposits
Peer comment(s):

disagree Terry Moran : I don't think we talk of insurance "contributions" - "premiums" is more normal.
8 hrs
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