Glossary entry (derived from question below)
English term or phrase:
bi-national share
English answer:
Two countries sharing the cost as in a joint venture
Added to glossary by
Anna Maria Augustine (X)
Dec 18, 2005 02:20
18 yrs ago
English term
bi-national share
English
Bus/Financial
Accounting
helicopters
Orders for series helicopters amounted to euro XXX and includes a price escalation for the bi-national share (ABC/DEF) of euro YYY.
A bit more context. The text is about financial results of a comapny. In this passage it is about their success with a helicopter series named Wasp (invented name, of course :)). This series has two different models: Wasp ABC and Wasp DEF.
What confuses me is this "bi-national share"- are they trying to say that the price escalation refers to both ABC and DEF models?
Can "be-national" be used in any other meaning except "of, relating to, or involving two nations"?
A bit more context. The text is about financial results of a comapny. In this passage it is about their success with a helicopter series named Wasp (invented name, of course :)). This series has two different models: Wasp ABC and Wasp DEF.
What confuses me is this "bi-national share"- are they trying to say that the price escalation refers to both ABC and DEF models?
Can "be-national" be used in any other meaning except "of, relating to, or involving two nations"?
Responses
| 3 +5 | I would say two countries sharing (the cost), a sort of joint venture, e.g. |
Anna Maria Augustine (X)
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| 3 +2 | the international joint venture portion of the project |
Michael Lotz
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Responses
+5
9 mins
Selected
I would say two countries sharing (the cost), a sort of joint venture, e.g.
France and Germany.
I really can't think what else it could be referring to.
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Note added at 44 mins (2005-12-18 03:04:55 GMT)
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It seems to me that one country will be doing the financing and the other country will do the manufacturing which is why they are referring to bi-national.
Hope this helps. Perhaps someone else might have a better suggestion but this is the best I can do so have a nice Christmas.
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Note added at 47 mins (2005-12-18 03:08:22 GMT)
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Alternatively: abc helicopters might be manufactured by one country and def by another country. It is still a joint venture then. Reading your note about the original probably being a different language is really going to make things difficult and you might have to check with your client.
I really can't think what else it could be referring to.
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Note added at 44 mins (2005-12-18 03:04:55 GMT)
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It seems to me that one country will be doing the financing and the other country will do the manufacturing which is why they are referring to bi-national.
Hope this helps. Perhaps someone else might have a better suggestion but this is the best I can do so have a nice Christmas.
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Note added at 47 mins (2005-12-18 03:08:22 GMT)
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Alternatively: abc helicopters might be manufactured by one country and def by another country. It is still a joint venture then. Reading your note about the original probably being a different language is really going to make things difficult and you might have to check with your client.
Peer comment(s):
| agree |
Jack Doughty
: Possibly the engines are made by one firm in one country, and the airframe by another firm in another country. Deals like this exist for the Eurofighter and the Airbus. But this doesn't altogether explain "bi-national escalation of price".
1 hr
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Thank you
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| agree |
Romanian Translator (X)
5 hrs
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Thanks
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| agree |
Dave Calderhead
: Most probable explanation is that the price is actually the cost, as you already suggested in your answer, or is always cost-related with a fixed profit margin built into the price paid by the nation purchasing the 'copters.
6 hrs
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Thanks
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| agree |
Alfa Trans (X)
12 hrs
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Thank you
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| agree |
Nikos Mastrakoulis
: Can only be referring to a "2 country thing", that's for sure.
13 hrs
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Thanks
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4 KudoZ points awarded for this answer.
Comment: "I chose this as the most appropriate explanation, although the client failed to give a clear answer. Thanks to everyone and merry Christmas! "
+2
11 hrs
the international joint venture portion of the project
The price increase being booked as projected revenue which is from the part of the total contract which is shared by companies of two different countries in joint venture on this project. Clumsy English translated from another language, as you speculate. It intends to identify the portion shared between companiesof 2 countries, and not other things one or the other is contracted to do completely separtely.
A suggestion.
A suggestion.
Peer comment(s):
| agree |
Dave Calderhead
: Equally possible, and a good explanation that wouuld fit the context.
58 mins
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thanks Dave
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| agree |
Nikos Mastrakoulis
: Can only be referring to a "2 country thing", that's for sure.
2 hrs
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yes. thanks Nikos.
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Discussion
"The order intake also includes EUR XX million relating to a price escalation clause for the bi-national series contract for ABC/DEF helicopters."
Makes me think that bi-national really relates to a series that has two models.
I'm afraid the document might be translated from another language into English, which might have created the confusion...
:/
I am very confused and regret not being able to give clearer context because of confidentiality issues.