Glossary entry (derived from question below)
English term or phrase:
a conto
Danish translation:
on account
Added to glossary by
Susanne Rosenberg
Nov 9, 2007 15:47
16 yrs ago
English term
fællesregnskab
English to Danish
Bus/Financial
Business/Commerce (general)
Hi, The following term, "På basis af det seneste fællesregnskab for ejendommen bør jeres aconto bidrag justeres" has been translated into English as "Based on the latest joint accounts for the property, your on account contributions have to be adjusted as follows:".
I don't understand what is meant by "on account". Is there a better translation for that term?
I don't understand what is meant by "on account". Is there a better translation for that term?
Proposed translations
(Danish)
| 5 | a conto = on account |
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Change log
Nov 9, 2007 18:58: Susanne Rosenberg Created KOG entry
Proposed translations
2 hrs
Selected
a conto = on account
The translation is correct I believe (see link). "On account" means that you pay a fixed amount every month. The amount equals a "best guess" of the actual amount for e.g. heating, water supply etc. for the next period (year). After one year the actual amount is compared to the paid amount and the difference paid.
4 KudoZ points awarded for this answer.
Comment: "Many thanks -- that clarifies it for me!"
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