Glossary entry

Finnish term or phrase:

maksuposti

English translation:

scheduled payments as work progresses

Added to glossary by paul hacker
Aug 30, 2009 13:20
14 yrs ago
3 viewers *
Finnish term

maksuposti

Finnish to English Bus/Financial Finance (general)
Ohessa maksupostien HOC:it neuvottelujen pohjaksi

I first thought it was postal fees but could it have to do with payment installments?
Proposed translations (English)
4 scheduled payments as work progresses
2 scheduled payment

Proposed translations

774 days
Selected

scheduled payments as work progresses

I came across "maksuposti" with two separate clients and both confirmed that what they meant to convey was scheduled payments to be made as work progresses, i.e. 20% at time of order, 30% when materials are procured, etc. Hope that helps.

Something went wrong...
4 KudoZ points awarded for this answer. Comment: "better late than never!"
2 hrs

scheduled payment

Declined
The term is new to me. I could imagine it being of English origin (payment post), but I couldn't find any firm confirmation for that supposition.

There's quite a lot of evidence in the Net that 'maksuposti' is quite near the same as 'payment installment', but it seems to refer to a determined stage of e.g a constructing project. The payment is carried out, after it is checked that all the determined works of the stage are properly performed.

In this document

http://www.vtt.fi/inf/pdf/tiedotteet/2004/T2236.pdf

'maksuposti' appears many times. In English version of the abstract it is translated just 'payment'. Apparently the author has also had difficulties in expressing 'maksuposti' in English.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search