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Altbestand

English translation: pre-existing assets


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Altbestand (Private Equity Funds)
English translation:pre-existing assets
Entered by: Iris Schlagheck-Weber
Options:
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11:23 Dec 16, 2007
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Altbestand
This term is also stated in a price agreement between group companies which deals with asset management aspects. It is contained in a table in the column "Assetklasse" under "Private Equity Funds":

**- Altbestand (vor 1997)
- Altbestand (1997 - 2000)**

What's the correct translation of "Altbestand" in this connection? "Old funds" or maybe "previous funds"?

Thanks in advance for any help.
Iris Schlagheck-Weber
Local time: 04:14
pre-existing assets
Explanation:
...comes to my mind
Selected response from:

casper
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1pre-existing assetscasper
3previous inventory
Kcda


  

Answers


24 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
pre-existing assets


Explanation:
...comes to my mind

casper
Native speaker of: Native in EnglishEnglish
PRO pts in category: 79
Grading comment
Thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  gangels
3 hrs
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
previous inventory


Explanation:
If kept on record or added on a financial sheet inventory is appropriate. Business assets are inventory. Also eg. former inventory level.


    Reference: http://www.investopedia.com/terms/i/inventory.asp
Kcda
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in TurkishTurkish
PRO pts in category: 12
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