fjárhæðarbundnum
Fjárhæðarbundnum is an Icelandic term that translates to "amount-bound" or "financially restricted" in English. It describes a situation, agreement, or entity that is limited by a specific monetary value. This concept can be applied in various contexts, including legal agreements, financial instruments, and budgetary constraints. For instance, a contract might be fjárhæðarbundinn to indicate that the total financial liability or compensation is capped at a predetermined sum.
In a budgetary context, fjárhæðarbundinn refers to funds or spending that are allocated and restricted to a
The term can also be used to describe financial products or investments that have a limit on