Hinterlegung

English translation: earmark

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Hinterlegung
English translation:	earmark
Entered by:	Ilka Nahmmacher

14:55 Oct 8, 2022

German to English translations [PRO]
Bus/Financial - Finance (general)

German term or phrase: Hinterlegung

Es geht hier um die Finanzierung eines Projekts zur Digitalisierung eines Dienstes.

"Eine konkrete Hinterlegung mit Haushaltsmitteln für das Projekt ist noch offen."

Was bedeutet "Hinterlegung"?

Ilka Nahmmacher KudoZ activity Questions: 278 (none open) (5 without valid answers) (7 closed without grading) Answers: 39 Germany
Local time: 23:15

budget/earmark/provision/setaside

Explanation:
We have very little context, and we don't know who is financing what, but I think these are more likely than the two previous answers.

Selected response from:

philgoddard
United States

Grading comment

Thanks. I've gone with "earmark".
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +3

budget/earmark/provision/setaside

philgoddard

escrow; stakeholding

Adrian MM.

deposit (lodgment)

Johannes Gleim

budget/escrow/setting aside of funds

Cillie Swart

deposit/lodg(e)ment/provision

Dennis Polya

Deposit (of funds)

Andrew Bramhall

Discussion entries: 3

Answers

5 mins confidence:

Deposit (of funds)

Explanation:
A definite deposit of funds for the project is yet to be made. That's my reading.

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Note added at 6 mins (2022-10-08 15:01:20 GMT)
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The idea is ' putting by', 'putting aside' (of funds).

Andrew Bramhall
United Kingdom
Local time: 22:15
Native speaker of:

English
PRO pts in category: 20

Notes to answerer

Asker: Deposit sounds like the money was put into a special account or something. Is that what it means? I thought of "earmarking" after I posted this, but not sure.

1 hr confidence:

escrow; stakeholding

Explanation:
Hinterlegung bei Gericht = payment into court. Oddly, this meaning doesn't appear in ProZ glossaries DEU/ENG, but does echo SPA/ENG with consignación cf. Befreiung durch Hinterlegung : release by payment into court /'discharge by deposit').

> konkrete Hinterlegung mit Haushaltsmitteln > tangible / specific escrow account for budgetary funds.

> escrow is US AmE for deposit of funds vs. stakeholding in BrE, esp. in UK conveyancing where escrow is used for docs. & deeds and it would remiss to conflate the two terms.

Bailment would also be a runner for the safe custody of goods left for repair or garments left for 'dry cleaning'. Again, this meaning is missing so far from the DEU/ENG glossaries.

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Note added at 1 hr (2022-10-08 15:56:58 GMT)
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it would *be* remiss ..

Example sentence(s):

An escrow account is a financial account in which a third party holds onto your funds in the short-term for use at a future date.

Reference: http://www.proz.com/personal-glossaries/entry/14497160-hinte...
Reference: http://www.wikiwords.org/dictionary/term/377998/753906

Adrian MM.
Austria
Specializes in field
Native speaker of:

English
PRO pts in category: 44

1 hr confidence:

peer agreement (net): +3

budget/earmark/provision/setaside

Explanation:
We have very little context, and we don't know who is financing what, but I think these are more likely than the two previous answers.

philgoddard
United States
Specializes in field
Native speaker of: English
PRO pts in category: 205

Grading comment

Thanks. I've gone with "earmark".

2 hrs confidence:

deposit (lodgment)

Explanation:

Hinterlegung (Re) deposit (or lodgment) with a public authority, §§ 372 ff BGB
Hinterlegungsgebühr (com) deposit fee
Hinterlegungsort (Re) place of lodegment § 374 BGB
(Schäfer, Wirtschaftswörterbuch)

Die Hinterlegung (lat. Depositium, Begriff des römischen Rechts)[1] bezeichnet die Übergabe von Geld, Wertpapieren, Kostbarkeiten oder Urkunden an eine Hinterlegungsstelle, sofern dafür ein gesetzlicher Hinterlegungsgrund besteht.
https://de.wikipedia.org/wiki/Hinterlegung_(Recht)

A deposit is the act of placing cash (or cash equivalent) with some entity, most commonly with a financial institution, such as a bank.
The deposit is a credit for the party (individual or organization) who placed it, and it may be taken back (withdrawn) in accordance with the terms agreed at time of deposit, transferred to some other party, or used for a purchase at a later date.
https://en.wikipedia.org/wiki/Deposit_(finance)

A security deposit is a sum of money held in trust[1] either as an initial part-payment in a purchasing process (often used to prevent the seller's selling an item to someone else during an agreed period of time while the buyer verifies the suitability of the item, or arranges finance), also known as an earnest payment, or else, in the course of a rental agreement to ensure the property owner against default by the tenant[1] and for the cost of repair in relation to any damage explicitly specified in the lease and that did in fact occur.
https://en.wikipedia.org/wiki/Security_deposit
For German see https://de.wikipedia.org/wiki/Sicherheitsleistung

to deposit securities [FINAN.] Wertpapiere hinterlegen
to lodge securities Wertpapiere hinterlegen
to lodge a deed [JURA] ein Dokument bei Gericht hinterlegen
https://dict.leo.org/englisch-deutsch/hinterlegen

Table 2 Non-recurring Revenues
FY 08-09 Amount
Lottery concession …………. $ 500,000,000
Sale of accounts receivable . $ 500,000,000
Budgetary fund deposit ……. $ 86,710,000
https://grupocne.org/wp-content/uploads/2008/04/2008_01_Fisc...

Context tranlsation: "A concrete deposit of budgetary funds for the project is is pending."

Johannes Gleim
Local time: 23:15
Native speaker of: German
PRO pts in category: 12

21 hrs confidence:

budget/escrow/setting aside of funds

Explanation:
"A definite budget of budgetary resources for the project is still outstanding."
Seems like the German is going for a kind of more colloquial, non-technical phrase so in that case setting aside of funds, otherwise German could have been budget - see ref.

https://www.linguee.com/english-german/search?source=auto&query=budget

Cillie Swart
South Africa
Local time: 23:15
Specializes in field
Native speaker of:

English
PRO pts in category: 4

3 days 1 hr confidence:

deposit/lodg(e)ment/provision

Explanation:
while all three are correct, I have come to the conclusion through my experience as a financial translator that "deposit" is the most commonly used term for "Hinterlegung" as provided in this context

Reference: http://www.investopedia.com/terms/d/deposit.asp

Dennis Polya
Germany
Local time: 23:15
Specializes in field
Native speaker of:

German

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Hinterlegung

English translation: earmark

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English translation: earmark

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