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Vermögensbildung

English translation: capital accumulation

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Vermögensbildung
English translation:capital accumulation
Entered by: Antoinette-M. Sixt Ruth
Options:
- Contribute to this entry
- Include in personal glossary

20:39 Jun 1, 2001
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Vermögensbildung
Arbeitsvertrag mit Möglichkeit zur "Vermögensbildung" des Arbeitnehmers
Antoinette-M. Sixt Ruth
Local time: 07:42
capital accumulation
Explanation:
please see

part of Bibliography of German Statutes in English Translation.
Part 8: Labour law and Social Legislation:

http://www.iuscomp.org/gla/statutes/biblstat8.htm
:
3. Vermögensbildungsgesetz - Gesetz zur Förderung der Vermögensbildung der Arbeitnehmer (Capital Accumulation Act (No. 3) )

and ... Routledge confirms this translatlion.

HTH



Selected response from:

Uschi (Ursula) Walke
Local time: 23:42
Grading comment
Thanks.
4 KudoZ points were awarded for this answer

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Summary of answers provided
nacapital/asset accumulation
DPS
nawealth buildinggangels
naaccumulating private means, creation of private means,Randi Stenstrop
nawealth accumulation
Vesna Zivcic
nacapital accumulationUschi (Ursula) Walke
nacapital accumulationErik Macki


  

Answers


3 mins
capital accumulation


Explanation:
From Routledge's German Dictionary of Business, Commerce, and Finance

Erik Macki
Local time: 05:42
Native speaker of: Native in EnglishEnglish
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1 hr
capital accumulation


Explanation:
please see

part of Bibliography of German Statutes in English Translation.
Part 8: Labour law and Social Legislation:

http://www.iuscomp.org/gla/statutes/biblstat8.htm
:
3. Vermögensbildungsgesetz - Gesetz zur Förderung der Vermögensbildung der Arbeitnehmer (Capital Accumulation Act (No. 3) )

and ... Routledge confirms this translatlion.

HTH






    as above
Uschi (Ursula) Walke
Local time: 23:42
Native speaker of: Native in GermanGerman
PRO pts in category: 4
Grading comment
Thanks.

Peer comments on this answer (and responses from the answerer)
samsi
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2 hrs
wealth accumulation


Explanation:
Vermögensbildung - wealth accumulation
(wealth accumulation plan)


1. Neuberger Berman Inc.: Press Releases:
... was the successful introduction of our employee Wealth Accumulation Plan. This voluntary program allows employees to defer a portion of their compensation and ...

2. Wealth Accumulation Plans. The Source of Real Estate Services: Savings and Profit Sharing Plan
Includes employee tax-deferred payroll deductions from ...




    Reference: http://www.nbfunds.com/news/html/financialreports3q00
    Reference: http://www.westerndivision.ctt.com/corporate/wealth.htm
Vesna Zivcic
Local time: 14:42
Works in field
Native speaker of: Croatian
PRO pts in category: 8
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4 hrs
accumulating private means, creation of private means,


Explanation:
If you need a translation of the entire expression, I would suggest:

(Employment) contract offering the employee the possibility of accumulating private means

I found this definition/translation:

Verordnung zur Durchführung der lohnsteuerlichen Vorschriften des Gesetzes zur Förderung der Vermögensbildung der Arbeitnehmer

Ordinance To Implement the Wage Rules of the Law To Promote Creation of Private Means for Workers





    Reference: http://jltc.army.mil/jltc/fbis/german/gerv.htm.
Randi Stenstrop
Local time: 14:42
Native speaker of: Native in DanishDanish
PRO pts in category: 3

Peer comments on this answer (and responses from the answerer)
gangels
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6 hrs
capital/asset accumulation


Explanation:
Both translation seem to be equally acceptable. Dietl/Lorenz, Dictionary of Legal, Commercial and Political Terms provides both "capital accumulation" and "asset accumulation" as a possibletranslation of "Vermoegensbildung". You can find plenty of examples for both, e.g.:

capital accumulation:

Jan P Krahnen et.al., Paper on "Performance and Market Share...": http://www.ifk-cfs.de/papers/97_01.pdf

Translation of German statutes: http://www.iuscomp.org/gla/statutes/biblstat8.htm

Mr Honey's Business English Dictionary!: http://www.dictionary-mrhoney.purespace.de/medium.htm

asset accumulation:
Paper U Mannheim: http://www.sfb504.uni-mannheim.de/publications/dp00-15.pdf

etc etc

However, admittedly, others have different opinions. Romain,Dictionaey of Legal and Commercial Terms, for example, gives the following options: "creation of wealth", "formation of wealth", "capital building". In the present context, however, these would not be the right choice.

DPS
Australia
Local time: 00:42
Works in field
Native speaker of: Native in GermanGerman
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10 hrs
wealth building


Explanation:
Labor contract which provides for "wealth building" on the part of the employee

gangels
Local time: 06:42
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 268
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Changes made by editors
Feb 5, 2012 - Changes made by Steffen Walter:
Field (specific)(none) » Finance (general)


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