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English to Indonesian translations [PRO] Social Sciences - Finance (general) / general
English term or phrase:corpus
The Govt seems to have bought this argument and handed over a huge sum equivalent to 1.2 million US Dollars to the provincial Panglima Laut set up. This money is used as a *corpus* for an educational scholarship scheme for children of fishermen.
The formula worked out seems to be to use 75% of the annual interest from the *corpus* for distribution of scholarships, 15% for Panglima Laut administration and 10% added back to the *corpus*.