GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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23:47 Jun 21, 2009 |
German to English translations [PRO] Bus/Financial - Retail | |||||||
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| Selected response from: Audrey Foster (X) | ||||||
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Summary of answers provided | ||||
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3 | settlement turnover |
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settlement turnover Explanation: VEDES, founded in 1904 as an association of German specialized toy retailers, is today a modern service center and supports its members - specialized shops - in purchasing and logistics, in marketing and IT services. It has set up a central settlement bank to handle the bank-guaranteed delcredere (liability for recovery of a debt) for affiliated members. The central settlement turnover in 2002 was 427 million Euros. http://www.steeleye.com/customers/ Vergleichen wir idee+spiel z.B. einmal mit dem Spielzeugring. Dieser Verband der Vedes-Gruppe hatte Ende 1992 mit 1128 Händlern fast 50% mehr Mitglieder als idee+spiel und war damals auch deutlich umsatzstärker als unser Verbund....Dagegen erreichte idee+spiel im völlig gleichen Marktumfeld und im gleichen Zeitraum eine Mitgliederzahl-Steigerung um 25%, konkret von 720 auf 899 Gesellschafter. 2001 verzeichnete idee+spiel bereits mehr als den doppelten Zentral-regulierungsumsatz des Spielzeugring! http://www.itm-si.de/Texte/2002/08_2002/ideespiel.html Payment provider’s results document expansion and growth London / Frankfurt, 29th April 2008. AirPlus International, the leading global business travel payment provider continued its strong growth course in 2007 achieving new record levels in settlement turnover and financial results. http://www.airplus.com/default2.aspx?ni=74295&s=1&v=1&docid=... |
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