Kettengeschäft

English translation: chain transaction

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Kettengeschäft
English translation:chain transaction
Entered by: jccantrell

01:22 Jan 17, 2010
German to English translations [PRO]
Bus/Financial - Finance (general) / Specs/Stds
German term or phrase: Kettengeschäft
Hi folks.

I am doing a spec for fare management systems and I hit this term. Everywhere wants to translate it as "chain store" but I do not believe that it has that meaning here.

Now the offending sentence:

Auch das für die Sicherung der Zweiseitigkeit in den Geschäftsbeziehungen erforderliche Kettengeschäft (falls als Konstrukt von der BAFin gefordert) lässt sich auf der Basis des überarbeiteten Modells eindeutig darstellen.

I think they are using it in the sense of some sort of "serial business deal" but I cannot find any sort of confirmation.

Any thoughts welcome as this is REALLY not my area.
jccantrell
United States
Local time: 23:56
chain transaction
Explanation:
Not sure about this, but looks like a possibility.

Chain transaction

http://tinyurl.com/yd2n3oc

See page 219 and page xlv

Chain transaction – a transaction consisting of two or more successive contracts with the same objective and terms in material respects, such as a bill of exchange transaction, a letter of credit transaction, a credit transfer, or a successive carriage

http://tinyurl.com/ybcspu3
Selected response from:

Kim Metzger
Mexico
Local time: 00:56
Grading comment
Thanks Kim and thanks everybody. I went with this and will give the client a note because it does not occur elsewhere in the text.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +6chain transaction
Kim Metzger
4after sales business / subsequent business
Wulf-Dieter Krüger
2business linkage
swisstell


Discussion entries: 1





  

Answers


28 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
business linkage


Explanation:
a thought which, as you say, may be welcome

swisstell
Italy
Local time: 08:56
Specializes in field
Native speaker of: German
PRO pts in category: 179
Login to enter a peer comment (or grade)

29 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +6
chain transaction


Explanation:
Not sure about this, but looks like a possibility.

Chain transaction

http://tinyurl.com/yd2n3oc

See page 219 and page xlv

Chain transaction – a transaction consisting of two or more successive contracts with the same objective and terms in material respects, such as a bill of exchange transaction, a letter of credit transaction, a credit transfer, or a successive carriage

http://tinyurl.com/ybcspu3


Kim Metzger
Mexico
Local time: 00:56
Native speaker of: Native in EnglishEnglish
PRO pts in category: 442
Grading comment
Thanks Kim and thanks everybody. I went with this and will give the client a note because it does not occur elsewhere in the text.

Peer comments on this answer (and responses from the answerer)
agree  Johanna Timm, PhD: aka "Reihengeschäft". http://www.proz.com/kudoz/german_to_english/law:_taxation_cu...
3 hrs

agree  Steffen Walter
7 hrs

agree  British Diana
8 hrs

agree  Monika Elisabeth Sieger: Exactly!
9 hrs

agree  Louise Gough
20 hrs

agree  Alexander Weichelt
2 days 7 hrs
Login to enter a peer comment (or grade)

1 day 1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
after sales business / subsequent business


Explanation:
both terms reflect follow-up business after an initial transaction and are used in the automotive industry.
In banking one would speak of mass-/retail business (via the branches (chain) of the bank

Wulf-Dieter Krüger
Local time: 13:56
Works in field
Native speaker of: German
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