GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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18:48 Apr 15, 2009 |
Serbo-Croat to English translations [PRO] Bus/Financial - Insurance / Pension insurance | |||||||
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| Selected response from: Miomira Brankovic Serbia Local time: 16:51 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +4 | pay-as-you-go system |
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3 | tankless water heater |
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tankless water heater Explanation: ili rapid tankless water heater -------------------------------------------------- Note added at 52 mins (2009-04-15 19:41:54 GMT) -------------------------------------------------- Level 3, jer postoje i drugi slični nazivi: Instant Water Heater, Tankless Hot Water Heater, On Demand Water Heater |
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pay-as-you-go system Explanation: U ovom kontekstu se ne radi o uređaju za grejanje vode nego o sistemu finansiranja socijalnih davanja. Reč je o tzv. sistemu tekućeg finansiranja. PAYGO (pay-as-you-go) is a term used to refer to financing where budgetary restrictions demand paying for expenditures with funds that are made available as the program is in progress. In social insurance, PAYGO refers to an unfunded system in which current contributors to the system pay the expenses for the current recipients. http://en.wikipedia.org/wiki/PAYGO Maintaining the continent’s pay-as-you-go systems, whereby state benefits to retirees are paid out of contributions from current workers, will consume a growing, and ultimately intolerable, proportion of national incomes. http://www.globalaging.org/pension/world/pay-as-you-go.htm |
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