Glossary entry (derived from question below)
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.
Benificaries may also apply do do this. Thanks for any ideas.
Proposed translations
(English)
4 +1 | conversion from capital or cash to annuity | Jack den Haan |
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
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.
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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.
4 KudoZ points awarded for this answer.
Comment: "Thanks Jack, that makes complete sense in the context of the document."
Discussion