Cheques with balances

English translation: pay-cheques with some moderation

07:19 Aug 21, 2020

English language (monolingual) [Non-PRO]
Bus/Financial - Economics

English term or phrase: Cheques with balances

I am translating the book "The Price of Inequality" by Joseph Stiglitz that deals with income inequality in the United States. I need to translate names of other research, articles, reports, and documents mentioned in the book too. In a paragraph describing the huge gap between CEO pay and that of the typical worker, the author refers to the 2012 report "Cheques with Balances: Why Tackling High Pay Is in the National Interest" by UK High Pay Commission. Here is the link to the report: http://highpaycentre.org/files/Cheques_with_Balances.pdf. How should I understand the first part of the report's name: Cheques with Balances?

Thank you in advance!

Hoang Yen KudoZ activity Questions: 47 (4 open) (4 closed without grading) Answers: 12 Vietnam
Local time: 11:20

Selected answer:pay-cheques with some moderation

Explanation:
The title of the report is a play on words: "checks and balances" / "cheques with balances".
The burden of the report is that top executive pay ("cheques") is excessive and needs to be made subject to proper restraint or moderation ("balances").

Selected response from:

Agneta Pallinder
United Kingdom
Local time: 05:20

Grading comment

thank you for your help!
4 KudoZ points were awarded for this answer

SUMMARY OF ALL EXPLANATIONS PROVIDED

4 +5

pay-cheques with some moderation

Agneta Pallinder

remunerations with less lopsidedness

Kiet Bach

4 -1

to verify its proper execution

Anastasia Andriani

Discussion entries: 3

Answers

1 hr confidence:

peer agreement (net): -1

cheques with balances to verify its proper execution

Explanation:
for corporate: means internal control mechanism that guards against fraud and errors due to omission. In a system with cheques and balances, the authority to make a decision, and the associated responsibility to verify its proper execution is distributed among different departments.

Example sentence(s):

The system of check and balances that the company had in place were penetrable thus reducing their number of corporate thefts and embezzlement issues to zero

Reference: http://businessdictionary.com/definition/checks-and-balances...

Anastasia Andriani
Indonesia
Local time: 11:20
Native speaker of:

Indonesian

1 hr confidence:

peer agreement (net): +5

cheques with balances

pay-cheques with some moderation

Agneta Pallinder
United Kingdom
Local time: 05:20
Works in field
Native speaker of:

Swedish,

English

Grading comment

thank you for your help!

15 hrs confidence:

cheques with balances remunerations with less lopsidedness

Explanation:
Reducing the huge gap between CEO pay and that of the typical worker.
More "balances" between CEO pay and workers' pay.

Kiet Bach
United States
Local time: 21:20
Specializes in field
Native speaker of:

Chinese
PRO pts in category: 4

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Cheques with balances

English translation: pay-cheques with some moderation

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Cheques with balances

English translation: pay-cheques with some moderation

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