Glossary entry (derived from question below)
German term or phrase:
verstehen sich netto
English translation:
are exclusive of; are net of
Added to glossary by
Rowan Morrell
May 2, 2004 02:25
20 yrs ago
2 viewers *
German term
New Zealand
Committed to the Customer
Native in: English (Variant: New Zealand) 
Works in: French to English, German to English, Spanish to English
verstehen sich netto
German to English
Bus/Financial
Law: Contract(s)
"Nach diesem Vertrag geschuldete Beträge verstehen sich netto, d.h. etwaige gesetzliche Verkehrssteuern sind vom jeweiligen Schuldner zusätzlich geschuldet. Der Lieferant sichert zu, in dem Land seines Geschäftssitzes vorsteuerabzugsberechtigt zu sein."
Penultimate clause of this contract, and they have to throw more wretched financial jargon at me. Does "verstehen sich netto" just mean "are net"? Or is it something like "are calculated in net terms"? Is there any sort of standard way to translate this phrase? TIA for your help.
Penultimate clause of this contract, and they have to throw more wretched financial jargon at me. Does "verstehen sich netto" just mean "are net"? Or is it something like "are calculated in net terms"? Is there any sort of standard way to translate this phrase? TIA for your help.
Proposed translations
(English)
| 5 +3 | are exclusive of |
Beate Lutzebaeck
|
Proposed translations
+3
8 mins
Beate Lutzebaeck
New Zealand
New Zealand
Native in German
&
English
Specializes in field
New Zealand
Double qualification in law (Germany/NZ)
Native in: German 
, English
Works in: English to German, German to English, French to German, and 1 more.
Related KudoZ points
:
258
Selected
are exclusive of
=> Any amounts owed under this contract are exclusive of statutory transaction taxes, i.e. any such taxes shall be paid by the debtor in addition to the amounts owed.
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Note added at 12 mins (2004-05-02 02:38:04 GMT)
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Another option is: \"are net of\", but in any case the German idiom \"verstehen sich netto\" doesn\'t require an object, whereas the English equivalent does - I guess that makes it a bit confusing.
... Multiple insertion rates apply only when the same ad is repeated. Prices are
net of commission and taxes. ... Prices are net of commission and taxes. ...
www.cpa.ca/advertising.htm
... 35 percent marginal bracket. Values are net of all taxes if withdrawn
plus the required minimum distributions reinvested at 10 percent. ...
www.rothira.com/brooks.htm
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Note added at 12 mins (2004-05-02 02:38:04 GMT)
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Another option is: \"are net of\", but in any case the German idiom \"verstehen sich netto\" doesn\'t require an object, whereas the English equivalent does - I guess that makes it a bit confusing.
... Multiple insertion rates apply only when the same ad is repeated. Prices are
net of commission and taxes. ... Prices are net of commission and taxes. ...
www.cpa.ca/advertising.htm
... 35 percent marginal bracket. Values are net of all taxes if withdrawn
plus the required minimum distributions reinvested at 10 percent. ...
www.rothira.com/brooks.htm
4 KudoZ points awarded for this answer.
Comment: "With answers of this calibre, Beate, you deserve all the KudoZ points that can be lavished upon you! And it is my pleasure to bestow another four right here. Thank you for your splendid help with this and other questions I have asked recently. Thanks also to the peer graders on this occasion for adding weight to an already convincing answer. I would never have figured this one out on my own, so thanks again for the help - very much appreciated."
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