Dutch Finance and Insurance Terminology

Comprehensive vocabulary list of Dutch financial and insurance terms as provided in the lecture notes, including translations and descriptions based on the Dutch-French glossary.

Aanbetaling

A down payment or advance payment.

Aandeel

A share or stock.

Aanmaning

A formal notice or dunning letter requiring payment.

Aanslagbiljet

A tax assessment notice.

Accountant

An expert accountant or certified public accountant.

Acquisitie

The act of acquiring or an acquisition.

Activa (Actief)

Assets within a company's balance sheet.

Afschrijven

To depreciate or amortize an asset.

Algemene Vergadering

General Assembly or general meeting of shareholders.

Arbeidsovereenkomst

An employment contract or labor agreement.

Balans

A balance sheet; a primary accounting document.

Basisinkomen

Basic income.

Bedrijfsresultaat

Operating result or operating profit.

Bedrijfsrevisor

A company auditor.

Begroting

A budget.

Begrotingstekort

A budget deficit.

Belastbaar

Taxable or imposable.

Belastingaangifte

A tax return or fiscal declaration.

Belastingvrijstelling

A tax exemption.

Beleggingsfonds

An investment fund.

Besparing

A reduction in expenses or savings.

Bestuursorgaan

A management or governing body.

Betaalwijze

Form or mode of payment.

Betalingstermijn

The deadline or time limit for payment.

Bewijsstuk

A supporting document or piece of evidence.

Boekjaar

The accounting or fiscal year.

Btw-nummer

A VAT (Value Added Tax) number.

BVBA

A Private Limited Liability Company (Besloten Vennootschap met Beperkte Aansprakelijkheid).

Cashflow

Cash flow or the capacity for self-financing.

Collectieve arbeidsovereenkomst

A collective bargaining agreement or collective labor agreement.

Consumentenkrediet

Consumer credit or consumer loans.

Creditnota

A credit note.

Curator

A liquidator or judicial trustee.

Dochterbedrijf

A subsidiary company.

Domiciliëring

A direct debit or domiciliation of payment.

Dwangsom

A penalty or fine for non-compliance (astreinte).

EER (Europese Economische Ruimte)

EEA; European Economic Area.

Eigen vermogen

Equity or own funds.

Expertise

An expert valuation or professional assessment.

Factuur

An invoice or bill.

Faillissement

Bankruptcy of a firm.

Financieel Vast Actief

Financial fixed assets.

FOD (Federale Overheidsdienst)

A Federal Public Service (SPF in French).

Geldautomaat

An automated teller machine (ATM).

Goodwill

Intangible business value or commercial reputation.

Handelsregister

The commercial register or trade register.

Herstructurering

Restructuring process within a company.

Hoofdkantoor

The head office or headquarters.

Hypotheekrente

The mortgage interest rate.

Ingehouden Winsten

Retained earnings or profits carried forward.

Jaarrekening

Annual accounts of a company.

Kamer van Koophandel

The Chamber of Commerce.

Kapitaalsverhoging

A capital increase.

Kasbon

A cash certificate or savings bond.

Kmo (Kleine of middelgrote onderneming)

An SME; Small or Medium-sized Enterprise.

Koopkracht

Purchasing power.

Kredietlimiet

A credit limit or authorized overdraft.

Kwartaal

A quarter (three-month period).

Leasing

Leasing or credit-lease arrangements.

Liquiditeiten

Liquid assets or cash availability.

Marktaandeel

Market share.

Moederbedrijf

A parent company.

Omslagpunt

The break-even point or threshold of profitability.

Omzet (Omzetcijfer)

Turnover or total revenue.

Onderaannemer

A subcontractor.

Ontslag

Dismissal, redundancy, or resignation.

Opbrengst

Yield, return, or output.

Opzeggingstermijn

A notice period for terminating a contract.

Overbruggingskrediet

A bridge loan or interim credit.

Overheid

Public authorities or the State.

Passiva (Passief)

Liabilities or debts within a balance sheet.

Pensioenfonds

A pension fund or retirement fund.

Prijs-kwaliteitverhouding

Value for money or price-to-quality ratio.

Resultatenrekening

Profit and loss account or income statement.

Schuldvordering

A claim or debt receivable.

VZW (Vereniging zonder winstoogmerk)

A non-profit organization (ASBL in French).

Werkkapitaal

Working capital.

Winstgevend

Profitable or lucrative.

Aanrijdingsformulier

An amicable accident report form.

Aansprakelijkheid

Liability or legal responsibility.

Allriskverzekering

Comprehensive or all-risk insurance policy.

Annuleringsverzekering

Cancellation insurance.

Arbeidsongeschiktheid

Incapacity for work or disability.

Bedrijfswagen

A company car or functional vehicle.

Begunstigde

The beneficiary of an insurance policy.

Bonus-malussysteem

An insurance rating system where premiums vary based on claim history.

Burgerlijke aansprakelijkheid (BA)

Civil liability insurance.

Catalogusprijs

The list price or catalog price of a vehicle.

Franchise

A deductible; the part of a claim the insured pays out-of-pocket.

Groene kaart

The green card; international proof of motor insurance.

Hospitalisatieverzekering

Hospitalization insurance.

Inboedelverzekering

Home contents or furniture insurance.

Kortsluiting

A short circuit.

Makelaar

A broker.

Omniumverzekering

Comprehensive motor insurance covering various risks.

Overlijdensrisicoverzekering

Life insurance or death risk insurance.

Polis

An insurance policy document.

Premie

An insurance premium.

Rechtsbijstandsverzekering

Legal protection or legal aid insurance.

Schadevergoeding

Compensation, damages, or indemnity payment.