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U-rendement; overrente

English translation: Surplus/excess interest will depend on the year-end yield less [..]%

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11:33 Jul 8, 2000
Dutch to English translations [PRO]
Dutch term or phrase: U-rendement; overrente
De overrente is afhankelijk van het U-rendement verminderd met [...]%.

I have no idea what this means, so any help would be greatly appreciated!

Thanks,

Anne
anne_key
Local time: 05:59
English translation:Surplus/excess interest will depend on the year-end yield less [..]%
Explanation:
"U-rendement" is presumably short for "ultimo rendement", but I could not confirm this, nor have I come across this abbreviation before. "Overrente", an insurance term, refers to the earnings available for distribution to policyholders.
Selected response from:

xxxjarry
South Africa
Local time: 07:59
Grading comment
Very clear and concise, excellent explanation. Thanks for your help!
4 KudoZ points were awarded for this answer

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Summary of answers provided
naSurplus/excess interest will depend on the year-end yield less [..]%xxxjarry


  

Answers


1 hr
Surplus/excess interest will depend on the year-end yield less [..]%


Explanation:
"U-rendement" is presumably short for "ultimo rendement", but I could not confirm this, nor have I come across this abbreviation before. "Overrente", an insurance term, refers to the earnings available for distribution to policyholders.

xxxjarry
South Africa
Local time: 07:59
Native speaker of: English
PRO pts in pair: 3855
Grading comment
Very clear and concise, excellent explanation. Thanks for your help!

Peer comments on this answer (and responses from the answerer)
neutral  John Holloway: The U-rendement value is used in actuarial caclulations. http://www.goudenhanddrukadviseurs.nl/u-rendement.html
5167 days
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