お預け入れいただく明細は、すべて「元金成長型」のお取り扱いとなります。
what does 元金成長型 mean in the above sentence.
-
It doesn't look like a common word. Have you searched for its meaning?– broccoli forestCommented Jan 8, 2016 at 13:55
-
Yes I tried searching it. But I think it is related to interest rates.– RajSharmaCommented Jan 8, 2016 at 14:16
-
1I wonder if it's a standard term, but as far as I get from Google, it seemingly refers to a type of time (fixed) deposit that automatically carries over all the principal and interest into the next round. Maybe you should ask your bank or advisor.– broccoli forestCommented Jan 8, 2016 at 14:49
Add a comment
|
1 Answer
It's a term invented by the financial industry. 元金 means the capital (as opposed to the interest), and 成長型 means the type of financial product is "growth". I.e. a financial product that "attempts to grow your capital".
A similar term is 元金確保型 which normally means it's a more conservative asset allocation.
(This is completely unrelated from the language perspective but be wary of these mutual funds Japanese banks push on you, almost all of them are a terrible deal).
