16:13 May 20, 2017 |
Norwegian to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: jeffrey engberg Norway Local time: 21:26 | ||||||
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Summary of answers provided | ||||
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4 | founding capital |
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Discussion entries: 1 | |
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founding capital Explanation: basic -------------------------------------------------- Note added at 2 hrs (2017-05-20 18:41:31 GMT) -------------------------------------------------- Like it or not, that is the official term used in the Norwegian Foundations Act etc. The term "foundation capital" is equally difficult, having been misused as a financial term for for-profit businesses "Endowment fund" is perhaps a better way to describe capital used to start a foundation, but in the Norwegian context - probably a bank - founding capital works best? |
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