Glossary entry

Norwegian term or phrase:

1%-poeng

English translation:

one percentage point

Added to glossary by Charles Ek
Aug 18, 2010 14:34
13 yrs ago
Norwegian term

1%-poeng

Norwegian to English Bus/Financial Finance (general)
Samlet bruttofortjeneste økt med 1%-poeng fra `04 til `05.

Any help would be much appreciated as I am not sure how this should be formulated in English!
Change log

Aug 19, 2010 14:54: Charles Ek Created KOG entry

Proposed translations

+5
4 mins
Selected

one percentage point

10 million+ Google hits at the reference link below.
Peer comment(s):

agree rajagopalan sampatkumar
36 mins
Takk!
agree Egil Presttun
51 mins
Takk!
agree brigidm
1 hr
Takk!
agree Per Bergvall
3 hrs
Takk!
agree lingo_montreal
11 hrs
Takk!
disagree Charlesp : ""one percentage point" is redundant. A point is 1% and one percent is 1%.
1 day 1 hr
agree Christopher Schröder
4 days
Takk!
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot Charles, extremely helpful :)"
8 mins

percentage point

Percentages are tricky. When a political party gains support from 4 to 8 percent, their support has doubled, or increased by 4 percentage points. When a company yields profits of 8% of their total revenues, up from 4% last year, their profits could be said to have gone up by 100%, or by 4%, or even down by some amount if the revenue was down as well. Up by 1 percentage point as in this case could mean an infinitesimal increase, from 43 to 44%, or a doubling - 1 to 2%. Hence, percentage point, to make it all crystal clear.

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Note added at 9 mins (2010-08-18 14:44:07 GMT)
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Who needs 10 million G-hits when you have me?
Peer comment(s):

neutral Charles Ek : Not sure what you're saying. If you prefer "percentage point" and not "one percentage point", then I disagree. Or perhaps we intend the same thing, and you were thinking of "Total gross profit increased by a percentage point from '04 to '05."?
48 mins
1 is one, I agree. Otherwise, we seem to be saying much the same thing. Please note, though, that for an increase of the total gross profit, percent is the same as percentage point. For profit margin, the increase may be 10%, which could be 2 pctage pts.
Something went wrong...
-1
1 day 1 hr

one percent

"one percentage point" is redundant. A point is 1% and one percent is 1%.
So it is <B>either 1 "point" OR 1 "percent", not both.
Peer comment(s):

disagree Christopher Schröder : 5pc is 1pp higher than 4pc, but it isn't 1pc higher it's 25pc higher
3 days 20 hrs
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