Glossary entry (derived from question below)
Romanian term or phrase:
Scrisoare de consortium
English translation:
Consortium letter
Added to glossary by
ralu0308
Feb 18, 2007 14:41
17 yrs ago
Romanian term
Scrisoare de consortium
Romanian to English
Bus/Financial
Finance (general)
Pentru a participa la o licitatie, trebuie redactata o scrioare de consortium. E vorba de o asociere intre mai multe firme. Este cumva "Consortium letter" sau "Association letter"? Sau alt termen consacrat?
Proposed translations
(English)
| 4 | Consortium letter |
Finlegal (X)
|
| 3 | joint venture letter |
Julia Bogdan Rollo (X)
|
Proposed translations
3 hrs
Selected
Consortium letter
consortium = a group of companies, banks, organizations, etc. working together on a particular project: ex. The company has been rescued by a consortium of banks.
Oxford Business Dictionary, 2005
or consortium agreement daca prin scrisoare se intelege de fapt actul de asociere, dar termenul cred ca e consortium in ambele variante
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Note added at 3 hrs (2007-02-18 18:22:17 GMT)
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Julia a sesizat bine.
Cred ca ideea e urmatoarea:
Daca firmele care se asociaza dau nastere unei noi firme in care ele detin actiunile, atunci e potrivit termenul Juliei - 'joint venture'. Daca firmele doar colaboreaza, dar nu dau nastere unei noi firme, atunci e potrivit 'consortium'.
Oxford Business Dictionary, 2005
or consortium agreement daca prin scrisoare se intelege de fapt actul de asociere, dar termenul cred ca e consortium in ambele variante
--------------------------------------------------
Note added at 3 hrs (2007-02-18 18:22:17 GMT)
--------------------------------------------------
Julia a sesizat bine.
Cred ca ideea e urmatoarea:
Daca firmele care se asociaza dau nastere unei noi firme in care ele detin actiunile, atunci e potrivit termenul Juliei - 'joint venture'. Daca firmele doar colaboreaza, dar nu dau nastere unei noi firme, atunci e potrivit 'consortium'.
2 KudoZ points awarded for this answer.
Comment: "Multumesc pentru ajutor. Ma gandeam la varianta asta, dar mai doream o opinie."
3 hrs
Julia Bogdan Rollo (X)
United States
Native in Romanian
&
English
Works in field
Related KudoZ points
:
4
joint venture letter
an alternative... this is commonly used in the US
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
Reference:
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