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doelvermogen

English translation: target sum/final sum

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Dutch term or phrase:	doelvermogen
English translation:	target sum/final sum
Entered by:	unit05

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23:03 Jan 21, 2006

Dutch to English translations [PRO]
Bus/Financial - Finance (general) / mortgage type

Dutch term or phrase: doelvermogen

"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?

unit05 KudoZ activity Questions: 32 (none open) (1 closed without grading) Answers: 70
Local time: 08:54

target sum/final sum

Explanation:
• 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