Apr 27, 2012 14:14
12 yrs ago
Hebrew term
קרנות פיצויים בנקאיות
Hebrew to English
Law/Patents
Law: Contract(s)
context - the term appears in a collective agreement and refers to a supplement fund to cover severance pay obligations.
I am inclined to use the translation "Bank Severance Pay Funds"
I am inclined to use the translation "Bank Severance Pay Funds"
Proposed translations
(English)
4 | the Bank's severance pay funds / Bank severance pay funds |
Ty Kendall
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3 | Bank compensation fund |
Gad Kohenov
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Proposed translations
1 hr
Selected
the Bank's severance pay funds / Bank severance pay funds
I see nothing wrong with your original suggestion.
Firstly, if the converse can be found:
"and NIS 200 million in the assets of non-bank severance pay funds."
http://www.globes.co.il/serveen/globes/docview.asp?did=84651...
...then I see no reason why its counterpart "bank severance pay funds" can't be used.
In addition, practically identical usage can be found in the condensed financial statements of the Israel Discount Bank:
"Other income in the first nine months of 2009, amounted to NIS 230 million, compared with NIS 24 million in the corresponding period last year. The increase resulting mainly from an increase in profits of the Bank's severance pay funds.".
http://media.corporate-ir.net/media_files/IROL/16/166348/rep...
Firstly, if the converse can be found:
"and NIS 200 million in the assets of non-bank severance pay funds."
http://www.globes.co.il/serveen/globes/docview.asp?did=84651...
...then I see no reason why its counterpart "bank severance pay funds" can't be used.
In addition, practically identical usage can be found in the condensed financial statements of the Israel Discount Bank:
"Other income in the first nine months of 2009, amounted to NIS 230 million, compared with NIS 24 million in the corresponding period last year. The increase resulting mainly from an increase in profits of the Bank's severance pay funds.".
http://media.corporate-ir.net/media_files/IROL/16/166348/rep...
Note from asker:
Thanks Ty! the resources are very helpful! |
4 KudoZ points awarded for this answer.
Comment: "I think both suggestions posted are viable. At the end, I decided to go with this one. thanks for your help!!"
1 hr
Bank compensation fund
Your suggestion is for פיצויי פיטורין (severance pay).
My suggestion.
My suggestion.
Note from asker:
Thanks Gad! definitely an option |
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