on 2023/07/21 by alex1, []

In the technical jargon of the financial world, generally states that introduce their currency as an official means of payment without the consent of the responsible central bank. – In Europe, those countries that officially use the EUR in their economic territory without the consent of the ECB. These are currently (2013) Andorra, Kosovo, and […]

on 2023/07/21 by alex1, []

In the case of bonds, the – previously contractually stipulated change – in the terms and conditions, especially with regard to interest and redemption. – In the case of options, a special strategy, namely – the sale of a spot position, whereby – a purchase position for the same commodity is entered into on the […]

on 2023/07/21 by alex1, []

Issuing securities at less than their nominal value. – The listing of a newly issued security below its issue price (the price of the first trade is lower than the initial public offering price of the security). – The provision of a service on the financial market below its cost (the provision of services lower […]

on 2023/07/21 by alex1, []

Very broad legal term that includes all unauthorized acts in connection with payment transactions. This also includes providing false personal data when opening a bank account (deceitful data when opening a bank account; account opening fraud), spying on account data and falsifying and forging data of any kind, as well as any interference with telephone […]

on 2023/07/21 by alex1, []

The possibility that revenues from the sale of goods or, in the case of a bank, revenues from services provided will fall, contrary to internal forecasts and planning. – Measure indicating the extent to which a company’s revenues are affected by changes in the market as a whole, and especially in the business cycle. – […]

on 2023/07/21 by alex1, []

After 2010, this term was also used in financial jargon to describe expected events whose exact direct and indirect impact on the economic cycle and especially on the financial market can hardly be estimated. The term is used primarily in a negative sense, and in particular with reference to the possible sovereign default of EMU […]

on 2023/07/21 by alex1, []

A debtor’s record of – repayments made on a loan, or – deposits to a savings account, sent from time to time to the bank or, more generally, to the creditor, now usually electronically, for the purpose of reconciling the balance of the account (a set of notices, usually computer generated, that the borrower returns […]

on 2023/07/21 by alex1, []

Basically, a tax on supplies and other services that a company performs in the country against payment. Because this makes the exchange of goods more expensive, it also has an impact on the value of money. The central banks therefore monitor changes in the tax rate very closely, both the standard rate and any reduced […]

on 2023/07/21 by alex1, []

The asset underlying a forward contract (the asset upon which a forward contract is based; it can be either a financial asset, e.g. a share, a bond, a treasury bond, a forward contract, currency, a stock index, etc., or a commodity, for example a raw material or mining asset). – See underlying asset, commercials, derivative, […]

on 2023/07/21 by alex1, []

The debts of an economic unit (company, household, government) exceed the assets (liabilities exceed the assets). – See deflation, bad, extensum, financial distress, insolvency, default, liquidity, manifestation, phthisis, debt sustainability, public debt, over-consumption, excess of liquidation, indebtedness, insolvency. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without […]