Glossary entry

Dutch term or phrase:

doelvermogen

English translation:

target sum/final sum

Added to glossary by 123xyz (X)
Jan 21, 2006 23:03
18 yrs ago
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Dutch term

doelvermogen

Dutch to English Bus/Financial Finance (general) mortgage type
"Het totale doelvermogen van leningdelen met hypotheektype “Meegroei” en/of “Vermogensgroei” wordt als volgt bepaald:
...
De in deze controle gebruikte rubrieken “doelvermogen” (= Gegarandeerd eindkapitaal cq. Voorbeeldkapitaal) en “Verzekeringen onderbrengen in” worden ingevoerd binnen XXXXX cq YYYYY."

Again, same question. How do I translate "DOELVERMOGEN" (or "EINDKAPITAAL")? End capital? Target capital?
Proposed translations (English)
5 +4 target sum/final sum

Proposed translations

+4
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Selected

target sum/final sum

• Policies where a guarantee to pay the target sum has been given by the insurer.  (Any doubts in this area to be resolved by reference to the FSA);
http://www.abi.org.uk/Display/default.asp?Menu_ID=1140&Menu_...

If you choose an interest only mortgage and have an investment vehicle to pay off your capital sum please remember that it will have been designed to run for the term of your mortgage. If surrendered early it may not realise the final sum intended. Seek advice from your financial adviser before deciding on early surrender. http://www.metrofinance.co.uk/mortgageinfo.htm
Peer comment(s):

agree CI95
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agree D.K. Tannwitz
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agree Dave Calderhead
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agree Dennis Seine
18 hrs
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