Aug 11, 2004 21:53
19 yrs ago
20 viewers *
Italian term

fondo di dotazione

Italian to English Bus/Financial Insurance
The whole sentence reads: "Nell'occasione e' stato richiesto di conoscere le procedure formali per lo svincolo delle attivita' localizzate in Italia costituenti il fondo di dotazione della succursale."
What does fondo di dotazione mean in this context?

thanks
Proposed translations (English)
4 +2 endowment fund

Discussion

Non-ProZ.com Aug 11, 2004:
Thanks Mike, I found that definition too but can't see how it fits in this context.

Proposed translations

+2
2 mins
Selected

endowment fund

Oxford Paravia Italian Dictionoary

Mike :)
Peer comment(s):

agree Vittorio Preite : in this context I read "attività" as Assets that go to make up the Fund (all insurance companies must have one if they are to function and is often set by Law as a portion of their Risk)
10 hrs
agree Daniela Palermo : http://www.investopedia.com/terms/e/endowment-fund.asp
3165 days
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4 KudoZ points awarded for this answer. Comment: "thanks again"
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