Glossary entry (derived from question below)
Dutch term or phrase:
Vrije Investeringstoezeggingen
English translation:
voluntary investment commitments
Aug 31, 2013 12:16
10 yrs ago
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Dutch term
Vrije Investeringstoezeggingen
Dutch to English
Bus/Financial
Investment / Securities
regarding pension funds
Hello,
I have the general idea of what the terms mean but can't think of the appropriate English equivalent for Vrije Investeringstoezeggingen and Gebonden Investeringstoezeggingen. Here's a bit of text for context:
De Vrije Investeringstoezegging is dat gedeelte van de Investeringstoezegging (uw commitment)
dat niet tot de Gebonden Investeringstoezegging behoort.
I'm leaning towards Voluntary Investment Commitment and Delegated or Fixed Investment Commitment but just not sure.
Any advice would be appreciated.
I have the general idea of what the terms mean but can't think of the appropriate English equivalent for Vrije Investeringstoezeggingen and Gebonden Investeringstoezeggingen. Here's a bit of text for context:
De Vrije Investeringstoezegging is dat gedeelte van de Investeringstoezegging (uw commitment)
dat niet tot de Gebonden Investeringstoezegging behoort.
I'm leaning towards Voluntary Investment Commitment and Delegated or Fixed Investment Commitment but just not sure.
Any advice would be appreciated.
Proposed translations
(English)
4 | voluntary investment commitments | Michael Beijer |
Proposed translations
2 hrs
Selected
voluntary investment commitments
see e.g.:
'3.9 Extensions to a facility
QRC supports the proposed amendments outlined in the Consultation Paper. It is important to note that provision of voluntary investment commitments contained within an access undertaking will only have a lifespan that reflects the willingness of the regulated service provider to maintain such commitments. For example, QR National has proposed within its current replacement access undertaking a voluntary investment commitment to invest in the network for projects less than $300 million (which satisfy specific criteria).' (http://www.treasury.qld.gov.au/office/knowledge/docs/propose... )
Not sure about 'gebonden investeringstoezeggingen'. Maybe 'mandatory investment commitment'?
'3.9 Extensions to a facility
QRC supports the proposed amendments outlined in the Consultation Paper. It is important to note that provision of voluntary investment commitments contained within an access undertaking will only have a lifespan that reflects the willingness of the regulated service provider to maintain such commitments. For example, QR National has proposed within its current replacement access undertaking a voluntary investment commitment to invest in the network for projects less than $300 million (which satisfy specific criteria).' (http://www.treasury.qld.gov.au/office/knowledge/docs/propose... )
Not sure about 'gebonden investeringstoezeggingen'. Maybe 'mandatory investment commitment'?
Reference:
http://www.treasury.qld.gov.au/office/knowledge/docs/proposed-amendment-qca-tia/qrc-submission.pdf
Note from asker:
Thank you Michael. I believe I will go with Voluntary Investment Commitments. I'm now thinking about using Designated Investment Commitments for gebonden investeringstoezeggingen. Since it relates to the investment commitment that has been reserved for a specific purpose and is therefore not 'vrij'. |
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
Discussion
We need to know in which way these commitments are gebonden vs vrij. That is, are we talking about:
1. mandatory vs voluntary (an entity is obliged to make the investment, or may do so if it wishes)
2. allocated vs unallocated (the investment is reserved for a specific purpose, or has not yet been allocated/reserved)
3. hard/firm vs soft (the entity has made a firm promise to invest, versus a soft promise)
Although in a different context you might be right, the asker said:
Asker: Thank you Michael. I believe I will go with Voluntary Investment Commitments. I'm now thinking about using Designated Investment Commitments for gebonden investeringstoezeggingen. Since it relates to the investment commitment that has been reserved for a specific purpose and is therefore not 'vrij'.
Hmm. He would need to provide us with more of the original context in order to be able to make a real decision.
Having said that, rereading what he did say, I might also be inclined to opt for something like:
allocated an non-allocated investment commitments
allocated an non-allocated investments
----------------
(...)
Gebonden investeringstoezegging'
http://office.bpfdranken.nl/drkbestuur/beleggingscommissie/d...
screenshot of PDF: http://wordbook.nl/screenshots/gebonden-investeringstoezeggi...
'38. Citelec successfully bid for the 65% stake in Transener for US$234.1 million, the assumption of US$54.2 million of debts transferred to Transener and a mandatory investment commitment of US$37 million.' (http://opil.ouplaw.com/view/10.1093/law:iic/178-2006.case.1/... )
'Natarajan’s predecessor, Jairam Ramesh had suggested redefining CSR by integrating it with environmental management and afforestation.
His ministry issued an office memorandum this April detailing the CER policy that makes it mandatory for companies to report environmental violations to their board and place it on website. It does not prescribe obtaining mandatory investment commitment towards environment impact mitigation.' (http://www.business-standard.com/article/economy-policy/fine... )