May 21, 2011 04:29
13 yrs ago
Norwegian term
BMA-innskudd
Norwegian to English
Bus/Financial
Finance (general)
Financial Report
It's for my friend who doesn't have an account on PROZ. The term appears on a table in the Bank's report. It's header item on the table so no more context.
Thanks in advance
Thanks in advance
Proposed translations
(English)
4 +1 | Indexed bank CD |
Hans Wang
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Proposed translations
+1
40 mins
Selected
Indexed bank CD
BMA is an abbreviation for "bankinnskudd med avkastning." An indexed CD is a certificate of deposit with an interest rate determined by changes in an underlying index, common benchmark or even the fluctuation of a foreign currency.
2 KudoZ points awarded for this answer.
Comment: "Thank you!"
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