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216 months ago

Angelika Inglis   asked this question:

Language pair:	German > English
Subject:	Business / Marketing / Financial
Level of diffculty:	Easy / medium
Word or term in question:	Nettoveränderung
Context:	Mit der Nettoveränderung können dem Kunden über die Vertragslaufzeit Effizienzsteigerungen
Keywords:	zugesichert werden. Diese Effizienzsteigerung errechnet sich jeweils auf der Basis von 100% des Vorjahresbetrags. So kann zum Beispiel in einem Service, der den Marktveränderungen extrem unterworfen ist, eine Reduktion vorweggenommen werden, ohne dass jedes Jahr der Vertrag neu verhandelt werden muss.

 

The answer of HanoverConsulting   was rated best

Rate Adjustment

My comment:

The snippet you provided discusses the need for a contract to include a clause allowing changes in the contract price to reflect changes in the market -- without the need for re-writing the contract. The term "nettoveranderung" would literally mean "net price change" or "final price change", however in this context (contractual/legal) it means rate adjustment.

The asker's comment:

Spot on, that fits perfectly. Many thanks!

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