14:26 Feb 28, 2021 |
French to English translations [PRO] Law/Patents - Accounting | |||||||
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| Selected response from: Francois Boye United States Local time: 19:13 | ||||||
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Summary of answers provided | ||||
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5 +1 | endowment |
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4 | undertaking; equity fund |
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3 | the Foundation Fund |
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Summary of reference entries provided | |||
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endowment |
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Discussion entries: 11 | |
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undertaking; equity fund Explanation: It seems to me that dotation is being used in the sense of 'une entreprise' or partnership-type equity fund for the foundation. If the foundation were inessence a trust, then trust fund would come into the frame. Example sentence(s):
Reference: http://taxguru.in/company-law/meaning-undertaking-section-18... Reference: http://www.tbf.org/what-we-do/special-funds/business-equity-... |
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endowment Explanation: What Is an Endowment? An endowment is a donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose. An endowment can also refer to the total of a nonprofit institution's investable assets, also known as its principal or corpus, which is meant to be used for operations or programs that are consistent with the wishes of the donor(s). Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts. Source: https://www.investopedia.com/terms/e/endowment.asp -------------------------------------------------- Note added at 12 hrs (2021-03-01 02:34:16 GMT) -------------------------------------------------- https://dictionary.cambridge.org/dictionary/english/endowmen... |
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Notes to answerer
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