Glossary entry (derived from question below)
Norwegian term or phrase:
grunnfond
English translation:
basic/founding capital
Added to glossary by
brigidm
Feb 8, 2007 13:40
17 yrs ago
1 viewer *
Norwegian term
grunnfond
Norwegian to English
Other
Government / Politics
research and development
This refers to a fund that was set up to finance an independent R&D body in a region of Norway. The contributors were local banks and companies, and the then Ministry of Local Government and Regional Development.
Is there a special term for this type of fund?
Is there a special term for this type of fund?
Proposed translations
(English)
3 | basic capital | Diarmuid Kennan |
5 | Capital Stock | lone (X) |
Proposed translations
11 mins
Selected
basic capital
Vinterberg & Bodelen translate the Danish equivalent (grundfond) as basic capital, original capital, if that is any help.
4 KudoZ points awarded for this answer.
Comment: "I also found quite a few instances of "founding capital" in my context of founding an independent research centre, but basic could also be used. Thanks, Diarmuid and Lone."
9 mins
Capital Stock
according to Einar Haugen: Norw En Dictionary
Discussion
I'm just wondering whether the standard dictionary translations would apply here, or whether it might be called some kind of set-up fund?