Glossary entry

Dutch term or phrase:

afbouw

English translation:

phasing out

Added to glossary by jarry (X)
Jan 29, 2009 11:46
15 yrs ago
6 viewers *
Dutch term

afbouw

Dutch to English Bus/Financial Insurance
From a document detailing some insurance product features:

"Bij het garantieproduct: Afbouw op twee verzekerden met een 70% of 100% overgang, geen koppeling met de fondswaarde. "

Any help appreciated. Thanks.
Proposed translations (English)
3 +1 phasing out
3 reduction
Change log

Feb 3, 2009 09:00: jarry (X) changed "Edited KOG entry" from "<a href="/profile/623736">Jon O (X)'s</a> old entry - "afbouw"" to ""phasing out""

Proposed translations

+1
2 hrs
Selected

phasing out

might just fit here
Peer comment(s):

agree Kate Hudson (X)
3 hrs
Thanks Kate
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4 KudoZ points awarded for this answer. Comment: "Yes, I think you are right on this one Jarry. Many thanks!"
54 mins

reduction

A J de Keizer's Financieel Economisch Lexicon gives defintitions for 'afbouwen' including reduce [exposure], but I'm not sure how much help this might be. perhaps other clues elsewhere in your codument?

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Note added at 8 hrs (2009-01-29 19:57:41 GMT)
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If 'afbouw' is contrasted with 'opbouw' elsewhere, I'd probably stick with reduction, since 'opbouw' in the insurance sense is usually accrual/accumulation. And apologies for the rushed spelling in my first post!
Note from asker:
Hi Bruce, elsewhere in the document it mentions a tariff option called 'Expiratiedesk Meerkeuzerekening Afbouw', I don't know if that helps any further. There is also a 'Expiratiedesk Meerkeuzerekening Opbouw' option.
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