Risikofond
English translation: contingency fund
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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| 10:34 Aug 11, 2002 |
| German to English translations [Non-PRO] Bus/Financial - Finance (general) / finance | ||||
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|  Selected response from: Richard George Elliott United Kingdom Local time: 00:22 | |||
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Answers
10 mins confidence: 
fund for unforeseeable risks Explanation: Given the little context we have, that's the way I read it. BTW it should read "Risikofonds" in German. -------------------------------------------------- Note added at 2002-08-11 14:26:08 (GMT) -------------------------------------------------- Certainly not a hedge fund, and no fund in the sense of \"investment fund\". The type of fund this refers to represents a provision against risks which cannot be identified and/or quantified at the time of making the provision. This is also sometimes referred to as a \"fund\", e.g. in \"Fonds für allgemeine Bankrisiken\" = \"fund for general banking risks\". |
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13 mins confidence: peer agreement (net): +3
peer agreement (net): +3how about 'contingency fund'? Explanation: Because of the 'unvohersehbare Risiken'in the sentence, what is meant here is clearly not a risk fund in the sense of a venture capital fund. |
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