Glossary entry

Dutch term or phrase:

aangekocht

English translation:

acquired/obtained

Added to glossary by Textpertise
Sep 16, 2012 07:41
12 yrs ago
Dutch term

aangekocht

Non-PRO Dutch to English Bus/Financial General / Conversation / Greetings / Letters Insurance-related software
Hier wordt berekend welk gewicht aan swaps aangekocht moet worden.
Globale werking van LDO is dat het verschil in duration tussen de assets en de liabilities wordt aangekocht met behulp van swaps.
Proves hier bij is: bepaal de money duration van de verplichting, bepaal de money duration van de vastrentende waarde belegging, verschil hiertussen moet worden aangekocht.
Maximaal kan duration 30 gekocht worden.
Momenteel wordt de LDO portefeuille ingericht met swaps met benchmark van 17 jaar swap return.
Op basis van deze return wordt in ons model aangekocht.
Change log

Sep 16, 2012 09:37: writeaway changed "Field (specific)" from "Business/Commerce (general)" to "General / Conversation / Greetings / Letters"

Sep 16, 2012 10:41: Jack den Haan changed "Level" from "PRO" to "Non-PRO"

Sep 24, 2012 07:57: Textpertise Created KOG entry

Votes to reclassify question as PRO/non-PRO:

Non-PRO (3): CJG (X), philgoddard, Jack den Haan

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Discussion

Tina Vonhof (X) Sep 16, 2012:
Is this 'modern' Dutch?

Proposed translations

+3
23 mins
Selected

acquired/obtained

The great virtue of the word 'aangekocht' is that it can be used, on the one hand, to mean 'purchased' or 'bought' but it can also be used to mean 'acquired' or 'obtained'. These are all Van Dale definitions of the word. It is therefore a very useful word when some currency other than money is used to acquire a good or service.
Peer comment(s):

agree Wim Jonckheere
12 mins
agree writeaway : Besides the in-depth explanation of what it means to purchase and/or acquire, Asker may be equally grateful to discover that aangekocht is the past participle of the virtue-filled Dutch verb aankopen.
2 hrs
agree Verginia Ophof
10 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks"
+2
5 mins

bought

Additional insurance can be bought. For example, if a person changes jobs towards the end of their carreer, they can use their pension from previous employment to "buy" insurance at the next employer. If one does not change jobs, some organisations allow you to "buy-back" years that you did not work for a particular organisation, in order to increase the pension you will receive at the organisation upon retirement.
Peer comment(s):

agree LouisV (X)
1 hr
agree philgoddard : Nothing to do with insurance though. And, yes, you buy swaps.
2 hrs
Something went wrong...
10 hrs

purchased or acquired

purchased or acquired would sound better then 'bought' I think.
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Reference comments

3 hrs
Reference:

Van Dale Groot woordenboek Nederlands-Engles

'aankopen (overgankelijk werkwoord):

buy, purchase
acquire, obtain'
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