special fund / separate assets
das Sondervermögen, die Sondervermögen
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special fund
Assets designated for a specific purpose and managed separately from other assets.
Das Sondervermögen darf nur für den Bau der neuen Schule verwendet werden.
The special fund may only be used to build the new school.
special fund
In public budget law, a pool of money or other assets managed separately from the general budget and usually serving a specific political or economic purpose.
Der Bundestag beschloss ein Sondervermögen für die Modernisierung der Bundeswehr.
The Bundestag approved a special fund for modernizing the German armed forces.
separate assets
In investment law, the assets of an investment fund that are legally separate from the fund management company's assets and belong to the investors.
Das Sondervermögen bleibt auch im Fall einer Insolvenz der Fondsgesellschaft geschützt.
The separate assets remain protected even if the fund management company becomes insolvent.
| gender | neuter das |
|---|---|
| plural | die Sondervermögen |
| genitive | des Sondervermögens |
| singular | plural | |
|---|---|---|
| nominative | das Sondervermögen | die Sondervermögen |
| accusative | das Sondervermögen | die Sondervermögen |
| dative | dem Sondervermögen | den Sondervermögen |
| genitive | des Sondervermögens | der Sondervermögen |
The article changes with the case; it is shown in colour.
'Sondervermögen' (special fund / separate assets) is made up of 'Sonder-' (special) and 'Vermögen' (assets). The first component indicates that these assets are intended for a special purpose or treated as legally separate.
Das Sondervermögen ist ausschließlich für den Umweltschutz vorgesehen.
The special fund is intended exclusively for environmental protection.
In a political context, words such as 'Bund' (federal government), 'Haushalt' (budget), 'Bundestag' (German parliament), or 'Infrastruktur' (infrastructure) often appear with 'Sondervermögen'. In an investment context, 'Fonds' (fund), 'Fondsgesellschaft' (fund management company), 'Anleger' (investor), and 'Insolvenz' (insolvency) point to its meaning in investment law.
Die Anleger erhalten regelmäßige Berichte über das Sondervermögen des Fonds.
The investors receive regular reports on the fund's separate assets.
In public budget law, 'Sondervermögen' often appears with verbs such as 'einrichten' (to establish), 'bilden' (to create), and 'finanzieren' (to finance). Typical phrases also include 'Mittel aus dem Sondervermögen' (funds from the special fund) and 'ein Sondervermögen des Bundes' (a special fund of the federal government).
Die Regierung will die Sanierung der Brücken aus dem Sondervermögen finanzieren.
The government wants to finance the renovation of the bridges from the special fund.
In investment law, 'Sondervermögen' is often used together with legal consequences and protective provisions. Typical expressions include 'das Sondervermögen verwalten' (to manage the separate assets), 'das Sondervermögen verwahren' (to hold the separate assets in custody), and 'das Sondervermögen im Insolvenzfall schützen' (to protect the separate assets in the event of insolvency).
Die Verwahrstelle muss das Sondervermögen getrennt vom eigenen Vermögen der Fondsgesellschaft aufbewahren.
The custodian must keep the separate assets separate from the fund management company's own assets.
