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Leefrente

English translation: Fixed interest annuity


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:Leefrente
English translation:Fixed interest annuity
Entered by: xxxjarry
Options:
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- Include in personal glossary

12:43 Mar 23, 2009
Dutch to English translations [PRO]
Bus/Financial - Finance (general)
Dutch term or phrase: Leefrente
Gaat om een Bankspaarproduct.
Tekst afkomstig uit een financieel jaaroverzicht van een klant afgegeven door een NL bank.
Het is geen typefout, het gaat niet om Lijfrente.
Tineke Van Beukering
Australia
Local time: 16:57
Fixed interest annuity
Explanation:
http://www.rosterfinancial.com/index.php?q=calculators/FIntA...

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Note added at 17 mins (2009-03-23 13:01:21 GMT)
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http://www.persfin.co.za/index.php?fSectionId=&fArticleId=29...
Conventional or fixed-interest annuity
With a conventional or fixed interest annuity, you pay in your sum of money and, in return, you are paid a fixed income every month for the rest of your life. The insurer takes responsibility for fluctuations in the market and the risk that you may live longer than the average person.

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Note added at 27 mins (2009-03-23 13:11:10 GMT)
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http://www.annuitiesexplained.org/glossary.html
Selected response from:

xxxjarry
South Africa
Local time: 08:57
Grading comment
Thanks heaps Jarry!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Fixed interest annuityxxxjarry
Summary of reference entries provided
writeaway
Leefrentxxxjarry

  

Answers


15 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Fixed interest annuity


Explanation:
http://www.rosterfinancial.com/index.php?q=calculators/FIntA...

--------------------------------------------------
Note added at 17 mins (2009-03-23 13:01:21 GMT)
--------------------------------------------------

http://www.persfin.co.za/index.php?fSectionId=&fArticleId=29...
Conventional or fixed-interest annuity
With a conventional or fixed interest annuity, you pay in your sum of money and, in return, you are paid a fixed income every month for the rest of your life. The insurer takes responsibility for fluctuations in the market and the risk that you may live longer than the average person.

--------------------------------------------------
Note added at 27 mins (2009-03-23 13:11:10 GMT)
--------------------------------------------------

http://www.annuitiesexplained.org/glossary.html

xxxjarry
South Africa
Local time: 08:57
Specializes in field
Native speaker of: English
PRO pts in category: 353
Grading comment
Thanks heaps Jarry!

Peer comments on this answer (and responses from the answerer)
agree  Annabel Rautenbach
39 mins
  -> Baie Dankie Annabel
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Reference comments


6 mins
Reference

Reference information:
ABN AMRO Leefrente is een geblokkeerde rekening waarop eenmalig een bedrag wordt gestort. Over het saldo op de rekening wordt een vaste rente vergoed. Uit het spaarsaldo betaalt de bank aan de rekeninghouder, gedurende een van tevoren afgesproken periode, maandelijks een vast bedrag. U weet van tevoren precies waar u aan toe bent.
https://www.abnamro.nl/nl/prive/sparen/leefrente/introductie...

writeaway
Native speaker of: Native in EnglishEnglish
PRO pts in category: 15
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11 mins
Reference: Leefrent

Reference information:
Met de ABN AMRO Leefrente wordt uw bestaande lijfrentecontract, uw lijfrentespaarrekening van een andere financiële instelling of uw ABN AMRO Pensioen Plan gedurende een vastgestelde periode uitgekeerd. Dit is als aanvulling op uw inkomen of uw pensioen.

It's some kind of annuity for life

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Note added at 13 mins (2009-03-23 12:56:27 GMT)
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Sorry, I should have said fixed annuity.

xxxjarry
South Africa
Specializes in field
Native speaker of: English
PRO pts in category: 353
Login to enter a peer comment (or grade)




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Changes made by editors
Mar 25, 2009 - Changes made by xxxjarry:
Edited KOG entryTineke Van Beukering's old entry - "Leefrente" => "Fixed interest annuity"


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