Glossary entry (derived from question below)
Norwegian term or phrase:
fullverdigrunnlag
English translation:
full value basis
Added to glossary by
Adrian MM. (X)
Nov 13, 2014 14:09
9 yrs ago
Norwegian term
fullverdigrunnlag
Norwegian to English
Bus/Financial
Insurance
Company insurance policy
Hi - I'm trying to find the proper English translation for fullverdigrunnlag. It appears in a description bullet point:
Fullverdigrunnlag: Antatt gjenoppføringskostnad
And in the sentence:
Alle endringer i eiendomsportefølje og fullverdigrunnlag, samt øvrige forhold som vil kunne påvirke forsikringen, skal varsles til QD, som deretter videreformidler endrings-behovet til megler og forsikringsselskap.
Thanks for your help!
Fullverdigrunnlag: Antatt gjenoppføringskostnad
And in the sentence:
Alle endringer i eiendomsportefølje og fullverdigrunnlag, samt øvrige forhold som vil kunne påvirke forsikringen, skal varsles til QD, som deretter videreformidler endrings-behovet til megler og forsikringsselskap.
Thanks for your help!
Proposed translations
(English)
| 4 | full (replacement/reinstatement) value basis |
Adrian MM. (X)
|
Change log
Nov 18, 2014 10:47: Adrian MM. (X) Created KOG entry
Proposed translations
16 hrs
Selected
full (replacement/reinstatement) value basis
A literal translation seems to be the term of art.
Example sentence:
The term replacement cost or replacement value refers to the amount that an ... In the insurance industry, "replacement cost" or "replacement cost value" is one of several method of determining the value of an insured item.
4 KudoZ points awarded for this answer.
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