GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:07 Dec 3, 2008 |
Dutch to English translations [PRO] Bus/Financial - Insurance | |||||||
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| Selected response from: Textpertise United Kingdom Local time: 17:36 | ||||||
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Summary of answers provided | ||||
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4 | calculate geometrically |
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4 | multiplying through |
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3 | (mutually) extrapolated/projected with adjustments for contingencies/ |
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Discussion entries: 13 | |
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calculate geometrically Explanation: http://www.ecipensioenfonds.nl/jaarverslag.htm: Het beleggingsrendement is berekend volgens de VBA-Performance Presentatie Standaarden waarbij waardering van de portefeuille op maandbasis plaatsvindt en de periode-rendementen *** meetkundig (dat wil zeggen met elkaar doorvermenigvuldigd) berekend *** worden. De beleggingen voor rekening en risico van de deelnemers zijn niet in deze berekening opgenomen Cf.: http://xfi.exeter.ac.uk/workingpapers/0709.pdf for a detailed comparison on arithmetic vs. geometric risk premiums ("The second source of bias arises from the difference between arithmetic and geometric premia.") -------------------------------------------------- Note added at 5 hrs (2008-12-03 16:57:57 GMT) -------------------------------------------------- http://74.125.77.132/search?q=cache:eMa7grZkBNYJ:www.bertkra... : “ Bij Rekenkundige Rijen (RR) geldt dat iedere term ontstaat door bij de voorgaande term een vast getal op te tellen: het verschil (v). Bij Meetkundige Rijen (MR) geldt dat iedere term ontstaat door de voorgaande met een vast getal te ***vermenigvuldigen*** “ http://www.rics.org/NR/rdonlyres/B59119AF-A281-4E8A-A079-1FD... : " This is simply the geometric mean rate of return. It is calculated by taking the nth root of a series of intermediate returns over n periods. For instance, if the returns over four successive periods are 1%, 2%, 3% and 4% say, the TWRR is given by: TWRR = ( (1.01) x (1.02) x (1.03) x (1.04) ) - 1 = 0.024939 (or 2.4939%) " http://www.flexsecurity.info/flx/download/20081003_brochure_... " Het meetkundig rendement over een periode van bijvoorbeeld 5 jaar wordt verkregen door alle afzonderlijke jaarrendementen *** met elkaar te vermenigvuldigen *** en vervolgens van het resultaat de 5-de-machtswortel te nemen. -------------------------------------------------- Note added at 5 hrs (2008-12-03 17:04:55 GMT) -------------------------------------------------- IMO you might actually stick to Textpertise's option: "multiplying through" : http://scholierenlab.tudelft.nl/nl/forum/topic/wiskunde/pois... http://www.maths.manchester.ac.uk/service/MATH19641/ans2.pdf |
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multiplying through Explanation: As Sindy has suggested that you might like to stick with my solution, I guess I ought to enter it as a possible answer. It sounds to me as if what you have here is the insurance company trying to blackmail the proposer into submitting to a voluntary medical examination because otherwise their assessed premium will be calculated less favourably, possibly by a geometric calculation, but in any event more expensive for the proposer. It is possible that the wording has been made intentionally vague by the company in order to avoid this "blackmail" being too obvious. |
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(mutually) extrapolated/projected with adjustments for contingencies/ Explanation: cf. durchrechnen of industrial pensions in DE & AT! Allowance and adjustment is made for e.g. long, pension-ineligible maternity breaks and unforeseen contingencies as well as mishaps. Example: a pension assumes 40 years' working life. The employee takes 2 years' maternity leave or goes on a 1-year world trekk. The pension is 'multiplied through' at a correspondingly lower ratio. Example sentence(s):
Reference: http://www.springerlink.com/index/l512054218150vk2.pdf |
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