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
Proposed translations (English)
4 +1 Indexed bank CD

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.
Peer comment(s):

agree Chris Says Bye : I think you should specify market-indexed CDs
2 days 3 hrs
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2 KudoZ points awarded for this answer. Comment: "Thank you!"
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