on 2023/07/21 by alex1, []

Generally, to provide collateral for an unsecured debt; to secure a loan (hence: the physical or financial asset to which a creditor has a claim). – The underlying asset to which an option or future relates (reference value: the security or commodity that is delivered when the option contract is exercised, also called an underlier). […]

on 2023/07/21 by alex1, []

Often said by financial journalists in reference to a very large amount (an exceedingly large quantity of money: scads); the prefix „un-“ is used here not for negation but for intensification-as in unthunderstorm, unquantity, uncost, unmass, shallowness. – See million grave, rat money, ungoods. Attention: The financial encyclopedia is protected by copyright and may only […]

on 2023/07/21 by alex1, []

Unless otherwise defined, the sum of market capitalization and interest-bearing debt less cash and cash equivalents (the market value of the shareholders‘ equity). [share market capitalization if a company is quoted] plus the market value of the net financial debt). – In the case of unlisted companies, the value of equity or the market value […]

on 2023/07/21 by alex1, []

In statistics, the ratio of vacancies to the labor force. – See unemployment rate, two-pillar principle. – Cf. ECB Monthly Bulletin of February 2002, pp. 33 f. (information content of the vacancy rate for monetary policy), ECB Monthly Bulletin of October 2010, pp. 52 f. (time series for the vacancy rate in the euro area). […]

on 2023/07/21 by alex1, []

The dependence of the price movement of an option on the volatility of the underlying (the rate of change in the derivative of the theoretical value of the option vis-à-vis implied volatility. All he factors being equal, the closer an option is to being in the money, the greater is the impact of an increase […]

on 2023/07/21 by alex1, []

In general, the custom in trade, the trade practice, trade usage – at a certain trading place or – in a certain trade sector. – Usages in the financial market must always be observed where and when there are no corresponding clear legal provisions; as well as where exceptions – such as the use of […]

on 2023/07/21 by alex1, []

The withdrawal from an account in excess of the balance or line of credit granted by the bank (the amount of a paid check or other withdrawal exceeds the available balance in a checking account). – The extension of expenditures beyond the revenues in the budget (the amount by which expenditures and encumbrances exceed the […]

on 2023/07/21 by alex1, []

Unless otherwise defined, the yield on top-rated bonds traded on the market, in the narrower sense of highly creditworthy government bonds, i.e. securities issued by countries which, according to reasonable economic considerations and investor assessments, are able and willing to repay the loans they have taken out. – See yield spread. – Cf. Annual Report […]

on 2023/07/21 by alex1, []

In general, any cash payment to a recipient. – Form-related (form; input mask in Internet banking) payment order by a customer to his bank to transfer a certain sum to another account at the expense of his account (a payment order or perhaps a sequence of payment orders made for the purpose of placing funds […]

on 2023/07/21 by alex1, []

Unless explicitly defined otherwise, this is the ratio of profit before taxes to sales within an accounting period. It thus indicates how many GE of profit a company has generated per GE of sales. A company with a high return on sales is CETERIS PARIBUS less susceptible to market fluctuations of any kind. – See […]