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salvage

Finnish translation: lunastus

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:salvage
Finnish translation:lunastus

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09:54 Apr 10, 2010
English to Finnish translations [PRO]
Bus/Financial - Insurance
Additional field(s): Law (general)
English term or phrase: salvage
Definition from Insurance Information Institute:
Damaged property an insurer takes over to reduce its loss after paying a claim. Insurers receive salvage rights over property on which they have paid claims, such as badly-damaged cars. Insurers that paid claims on cargoes lost at sea now have the right to recover sunken treasures. Salvage charges are the costs associated with recovering that property.

Example sentence(s):
  • All salvage pieces are sold as-is, where-is. We offer absolutely no warrantee on any function of the boat. Buying salvage is a risk; although surveyors and repairers can offer valuable opinions, you're always betting. yachtsalvage.com
  • The insurance company then became the owner of the cars, some with major water damage and some with almost no damage. The company will sell the cars at auction with salvage titles. LeaseGuide.com
  • In most foreign countries that have a shoreline, salvaging and re-selling of boats is an important business. There are salvage yards, auctions, salvage classifieds, and associated professions like recycling, dismantling and claim adjusting. indianchild.com
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lunastus
Definition:
Lunastus tarkoittaa sitä, että vakuutusyhtiö lunastaa esimerkiksi ajoneuvon, jos vaurioituneen ajoneuvon romuarvo ja korjauskustannukset yhteenlaskettuina ylittävät ajoneuvon käyvän arvon ennen vahingon tapahtumista.
Selected response from:

Alfa Trans (X)
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4 KudoZ points were awarded for this answer



Summary of translations provided
4 +2lunastus
Alfa Trans (X)


  

Translations offered


3 days 3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
lunastus


Definition from own experience or research:
Lunastus tarkoittaa sitä, että vakuutusyhtiö lunastaa esimerkiksi ajoneuvon, jos vaurioituneen ajoneuvon romuarvo ja korjauskustannukset yhteenlaskettuina ylittävät ajoneuvon käyvän arvon ennen vahingon tapahtumista.

Example sentence(s):
  • Ajoneuvon lunastus Tavallinen lunastus Kaskovakuutuksen ehdoissa määritellään sellaiset korjauskustannukset, joiden ylittyessä vakuutusyhtiöllä on oikeus lunastaa ajoneuvo käyvästä arvosta. Vakuutusehdoissa on eroja eri vakuutusyhtiöiden välillä. Jos lunastusraja ei ylity, ajoneuvo yleensä korjataan. - Kilpailuttaja  
  • Syyllisen ajoneuvon liikennevakuutuksesta korvataan omaisuusvahinkoina ● syyttömän ajoneuvon korjauskustannukset tai lunastus - Pohjola  
  • Autovahinkokeskus Oy on yli 40 v. toiminut, lunastettujen ajoneuvojen realisointiin erikoistunut yritys. Omistajamme, mm. IF, Pohjola, Tapiola ja Fennia, käyttivät v. 2009 ajoneuvojen lunastukseen yli 150 Meur. - Vaurioajoneuvoja  

Explanation:
Tässä yhteydessä salvage merkitsee "lunastus"
https://www.pohjola.fi/pohjola/?cid=390801922&srcpl=3
Alfa Trans (X)
Local time: 18:15
Native speaker of: Finnish
PRO pts in category: 10

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Ronja Addams-Moring: "lunastus" (and the related verb "lunastaa") definitely capture the meaning of salvage in this (insurance) context
10 days
  -> Kiitos, Ronja!
Yes  Asta Haarasilta
13 days
  -> Kiitos, Telle!
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