Sondervermögen

German

Etymology

sonder- +‎ Vermögen

Pronunciation

  • IPA(key): /ˈzɔndɐfɛɐ̯ˌmøːɡn̩/

Noun

Sondervermögen n (strong, genitive Sondervermögens, plural Sondervermögen)

  1. (finance) special assets, segregated funds (capital kept separate from the assets of an investment company to protect investors in case of insolvency)
  2. (public finance, politics) off-budget fund, special fund (state-owned capital or debt-financed resources managed separately from the regular federal budget)
    Das Sondervermögen für die Bundeswehr umfasst 100 Milliarden Euro.
    The special fund for the German Armed Forces comprises 100 billion euros.
    Kritiker bezeichnen solche Sondervermögen oft als Schattenhaushalte.
    Critics often describe such special funds as shadow budgets.

Declension

See also

  • Appendix:GfdS words of the year#2025

Further reading