Nov 14, 2008 13:13
15 yrs ago
French term

prime de préjudice

French to English Bus/Financial Finance (general)
From a very cryptic "Faits RH" document from a multinational company.

I'm not sure what the translation is for "prime de préjudice" in this context. Damage compensation?

Contrôle URSSAF: redressement portant sur 520 K€, concernant essentiellement la prime de préjudice versée lors de la cession de l’XXXXX en 2007 (perte de la participation) pour 450 K€.
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): writeaway

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Proposed translations

+3
2 hrs
Selected

compensation for loss

"Damage compensation" would probably also work here but "compensation for loss" seems more common in this type of context.
Peer comment(s):

agree MatthewLaSon : loss compensation amount
4 hrs
agree Radu DANAILA
16 hrs
agree Cristina Balmus : Sau compensation for damage like in "International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea (HNS)"
1 day 2 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "OK thanks so much for your help here!"
2 days 11 hrs

allowance for damages ... (for loss of participation)

In this case a literal translation is correct. prime=allowance. Préjudice=harm or damages(s). This is an allowance paid for damages resulting from the loss of participation when separated from the firm.
Note that one compensates damage for a loss, not the loss itself.
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