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  1. Newbie
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    #1

    "untouchable" capital

    Hi,

    I have a question regarding a term in economics/finances. I am looking for the best way to say "the minimum capital that cannot be used".
    Basically, I am talking about a Fund's capital that cannot drop under a certain amount. How would you call this capital?

    Unavailable, intangible, untouchable,... capital?

    Thank you very much for your help.

  2. emsr2d2's Avatar
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    #2

    Re: "untouchable" capital

    I might use "ringfenced" for the sum of money, but I'm not an economics expert.
    Remember - if you don't use correct capitalisation, punctuation and spacing, anything you write will be incorrect.

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    #3

    Re: "untouchable" capital

    How about reserves?

  3. Newbie
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    #4

    Re: "untouchable" capital

    Hi,
    Thanks for your answer. If I understand right (I am not a native speaker) "ring-fenced" means "restrictive use". In that case, we could say that the restriction is "not to use" this amount of money. However, I am looking for a term that would specifically identify the amount of the capital that cannot be touched and have to be saved. I think it is very specific to private Funds (or foundations).

  4. Newbie
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    #5

    Re: "untouchable" capital

    Thanks for your help. These are indeed reserves. However reserves could be used if necessary; legally, in my case, I want to say that I am not allowed to use them.

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