Glossary entry

Dutch term or phrase:

Omzetting kapitaal in rente

English translation:

conversion from capital or cash to annuity

Added to glossary by Jack den Haan
Aug 20, 2007 16:14
16 yrs ago
Dutch term

Omzetting kapitaal in rente

Dutch to English Bus/Financial Finance (general) Insurance
From an insurance contract. "het recht heeft om de omvorming in een rente te vragen" is another phrase that appears. Conversion of the capital to interest?
Benificaries may also apply do do this. Thanks for any ideas.
Proposed translations (English)
4 +1 conversion from capital or cash to annuity
Change log

Aug 20, 2007 16:19: Antoinette Verburg changed "Field" from "Tech/Engineering" to "Bus/Financial"

Aug 21, 2007 22:02: Jack den Haan Created KOG entry

Discussion

Mark Shimmin (asker) Aug 20, 2007:
Medical This is a health insurance agreement.

Proposed translations

+1
2 hrs
Selected

conversion from capital or cash to annuity

'Rente' should be interpreted as 'lijfrente' here. Just google 'cash to annuity' or 'capital to annuity'.

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Note added at 2 hrs (2007-08-20 18:58:59 GMT)
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PS: Possibly 'life annuity' instead of just 'annuity', depending on further context.
Peer comment(s):

agree Deborah do Carmo
17 hrs
Thanks, D.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Jack, that makes complete sense in the context of the document."
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