KP-Rente

English translation: Interest on other non-current liabilities

10:22 Feb 26, 2009
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: KP-Rente
Verbindlichkeiten gg. Kreditinstitute
kurzfristig
langfristig
Reduktion Fremdkap durch VK Gebäude + Grundstück
Sonstige verzinsliche Verblk. (KP-Rente)

(company's income statement)
Paula Price
United Kingdom
Local time: 16:37
English translation:Interest on other non-current liabilities
Explanation:
The first half of the account title “Sonstige verzinsliche Verblk.” clearly denotes interest-bearing debt, which is distinct from the unpaid pension scheme costs proposed elsewhere. I admit the term “Rente” is a distraction, but I am willing to wager that KP-Rente simply means rent on capital, or “interest on other non-current liabilities."

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Note added at 541 days (2010-08-22 10:17:47 GMT) Post-grading
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I did not provide this answer. This is the second instance of me being awarded points for an answer provided by someone else.

Andreas Baranowski
Selected response from:

Andreas Baranowski
Japan
Local time: 00:37
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
4Interest on other non-current liabilities
Andreas Baranowski
Summary of reference entries provided
KP-Rente = Kaufpreisrente
Steve Thomasson

  

Answers


19 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Interest on other non-current liabilities


Explanation:
The first half of the account title “Sonstige verzinsliche Verblk.” clearly denotes interest-bearing debt, which is distinct from the unpaid pension scheme costs proposed elsewhere. I admit the term “Rente” is a distraction, but I am willing to wager that KP-Rente simply means rent on capital, or “interest on other non-current liabilities."

--------------------------------------------------
Note added at 541 days (2010-08-22 10:17:47 GMT) Post-grading
--------------------------------------------------

I did not provide this answer. This is the second instance of me being awarded points for an answer provided by someone else.

Andreas Baranowski

Andreas Baranowski
Japan
Local time: 00:37
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 3
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Reference comments


43 mins
Reference: KP-Rente = Kaufpreisrente

Reference information:
http://www.grin.com/e-book/77288/private-kaufpreisrente

http://www.initiativenachfolge.net/index.php?id=147

http://www.tpa-horwath.com/index.php?set_language=de&cccpage...

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Note added at 49 mins (2009-02-26 11:12:15 GMT)
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Basically it's a kind of annuity pension. My worry here is that I'm not entirely sure if in Germany companies have to pay into these pension schemes.

Steve Thomasson
United Kingdom
Native speaker of: Native in EnglishEnglish
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