ENG
-
Underwater (underwater)
on
2023/07/21 by
alex1, []
In the jargon of a call option, when the price of the underlying asset on the spot market is below the strike price, in other words the option is out of the money (a call option whose strike price is greater than the market price of the underlying asset). – With respect to a loan, […]
-
Value management (also referred to in German)
on
2023/07/21 by
alex1, []
In terms of maintaining a portfolio, the attempt to sell components that are currently very highly valued due to special circumstances and to use the proceeds to add instantaneously undervalued (it is assumed that these assets are generally valued too negatively) assets to the portfolio. – See analysis, technical, arbitrage, statistical, valuation, Bollinger Bands, bottom-up […]
-
Company, public also state-owned enterprise, publicowned company
on
2023/07/21 by
alex1, []
Enterprises owned by public authorities that provide goods on a non-profit basis, such as the provision of water and the disposal of wastewater. – According to the legal definition in Art. 106, para. 1 TFEU, „any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership […]
-
Inalienable and unsaleable
on
2023/07/21 by
alex1, []
In financial terminology, anything that cannot be supplied to the market (something that may not be sold, transferred or assigned to another). – See Fideïkommiss. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, […]
-
Value Sourcing (so also in the German said, more rarely [unschön] procurement value increase)
on
2023/07/21 by
alex1, []
Generally – the reduction of costs by favorable procurement and – with banks particularly the advantageous purchase of the titles and precious metals intended for the resale. – See Waste Watcher. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, […]
-
Implicit support
on
2023/07/21 by
alex1, []
In the context of a securitization, someone – usually a bank; more rarely also a hedge fund – stands in for the securitized securities beyond the scope of the contractually agreed obligations. This is done, for example, by the institution buying the securitized securities if necessary and including them in its own portfolio. Such purchases […]
-
Undertunneling, undermining and tapping (tunneling)
on
2023/07/21 by
alex1, []
In financial parlance, the removal of assets from a company – by the fraudulent management of the company and bringing these assets into their own private firm, or – more or less secretly by a major shareholder (pumping out valuable property fraudulently, clandestinely by the own management of a company and bringing into their own […]
-
Universal bank (all-purpose bank, universal bank, multi-purpose bank, general bank)
on
2023/07/21 by
alex1, []
An institution that basically offers all financial services. – In the discussion about the causes of the subprime crisis in 2007 and the financial crisis that followed it, some experts recommended that universal banks should be prohibited by law and, in general, that the separation banking system should be introduced worldwide. This should prevent customers‘ […]
-
Companies, comparable companies (often just comparables)
on
2023/07/21 by
alex1, []
Companies that can be divided into individual groups on the basis of precisely determinable, unambiguous and permanent characteristics, such as institutions according to their size or main line of business. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., […]
-
Ounce in older documents also Once (ounce)
on
2023/07/21 by
alex1, []
Old unit of weight that persisted to some extent in Germany until beyond metrication in 1870. Its weight varied widely from place to place, ranging from about 27 to 100 grams. – The troy ounce (fine ounce) with 31.1034768 grams is still often used as a basis for the gold price today, although the ounce […]