en précompte

English translation: (FR) front-end loaded; 'into front-end loading'; BEL > PAYE or ACT

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:en précompte
English translation:(FR) front-end loaded; 'into front-end loading'; BEL > PAYE or ACT
Entered by: Adrian MM.

08:51 May 14, 2019
French to English translations [PRO]
Bus/Financial - Insurance
French term or phrase: en précompte
From a company profile in the insurance sector:

Il enrichit rapidement sa gamme de produit tiers par des produits propriétaires exclusifs avec des assureurs de premier ordre. Sa vision long-terme le pousse à négocier dès l'origine des rémunérations linéaires (vs. le marché qui est essentiellement en précompte).
tatyana000
Local time: 15:54
(FR) front-end loaded; 'into front-end loading'
Explanation:
We now know the country in France, the asker's hunch of payment upfront looking plausible though I was gravitating towards to Ph_B's Belgian-slanted précompte professionnel comments that might change the emphasis to a PAYE or payrolled scenario.

le marché qui est essentiellement en précompte: the insurance market that is, in the main. front-end loaded.

Otherwise, as per the first web ref, it can in BE also denote ACT - advance corporation tax withheld by companies, such as ones 'into' property dealing.
Selected response from:

Adrian MM.
Austria
Grading comment
Thank you! This sounds right.
4 KudoZ points were awarded for this answer



Summary of answers provided
3(FR) front-end loaded; 'into front-end loading'
Adrian MM.
3upfront (commision payment)
Ph_B (X)


Discussion entries: 3





  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
(FR) front-end loaded; 'into front-end loading'


Explanation:
We now know the country in France, the asker's hunch of payment upfront looking plausible though I was gravitating towards to Ph_B's Belgian-slanted précompte professionnel comments that might change the emphasis to a PAYE or payrolled scenario.

le marché qui est essentiellement en précompte: the insurance market that is, in the main. front-end loaded.

Otherwise, as per the first web ref, it can in BE also denote ACT - advance corporation tax withheld by companies, such as ones 'into' property dealing.

Example sentence(s):
  • A front-end load is a commission or sales charge applied at the time of the initial purchase of an investment. The term most often applies to mutual fund investments, but may also apply to insurance policies or annuities.

    Reference: http://www.investopedia.com/terms/f/front-endload.asp
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thank you! This sounds right.
Login to enter a peer comment (or grade)

10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
upfront (commision payment)


Explanation:

précompte can describe one of the ways insurance intermediaries are paid, esp. where life/health ins. policies are concerned.

Cf. "Le fonctionnement du précompte
...Les commissions précomptées sont des avances sur rémunération représentant une année de commissions par contrat.

(https://www.argusdelassurance.com/juriscope/analyses-d-exper...

Do you know if il is an insurance intermediary and if that's the market referred to in your question?

Since the question refers to France, this study from the French Senate (re: transposition de la directive(UE) 2016/97 du 20 janvier 2016) has some relevant information, esp. under section 2: "(2) La question des commissions « précomptées » (upfront commissions)": https://www.senat.fr/lc/lc276/lc276_mono.html

By way of practical example, this ad from an ins. co. meant for brokers:

ATTRACTIVITÉ
Commissionnement attractif en précompte et escompte ou en linéaire.

(https://www.2ma.fr/sante-individuelle/)

All of this subject to context...

--------------------------------------------------
Note added at 10 hrs (2019-05-14 19:42:17 GMT)
--------------------------------------------------

Oops - read "commission"...

Ph_B (X)
France
Local time: 15:54
Specializes in field
Native speaker of: French
PRO pts in category: 28
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search