ENG
-
Surveying money in older documents also Pulveratikum (land surveying due)
on
2023/07/21 by
alex1, []
The payment for the land surveyor (land surveyor; also called decempedator, field surveyor, geodesist, geometer and hoplometer), who usually carried out a survey together with assistants. The land surveyor was sworn in by the respective lordship; his expenses are shown in old documents to be very high. This can be explained by the fact that […]
-
Intermediary bound by contract
on
2023/07/21 by
alex1, []
In the language of the supervisory authorities, a natural or legal person who, under unlimited and unconditional liability, provides to a single financial services provider, for each of which it acts, – securities services, together with ancillary services, to clients or potential clients. accepts and forwards instructions or orders from the client in relation to […]
-
A term used to describe a company’s assets and liabilities
on
2023/07/21 by
alex1, []
In the context of the insurance industry, an investment to secure (cover) claims arising from insurance contracts. Corresponding laws and regulations of the supervisory authorities stipulate the respective ratio. – In the context of pensions, the money accumulated and invested in a funded scheme. – See fund, funded scheme, pension fund, pension fund. – See […]
-
Loss notification
on
2023/07/21 by
alex1, []
In the event of a loss of twenty-five percent or more of liable capital, a bank in Germany must notify the supervisory authority without delay; see Sec. 24, Para. 1, № 5 KWG. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. […]
-
Property, blocked property
on
2023/07/21 by
alex1, []
In Germany, on the basis of the „Law for Liberation from National Socialism and Militarism“ of March 5, 1946, ordered confiscation of assets owned by the entities and private individuals affected by the law. – See blocked account. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without […]
-
Intangible assets
on
2023/07/21 by
alex1, []
The term used to describe non-financial assets owned by a company. These include the company’s own goodwill, patents, industrial property rights, concessions – in the case of institutions also the permission of the supervisory authority -, licenses, trademarks, brands, customer relationships, employee knowledge, research status, etc. – Due to the structural change towards an increased […]
-
Industrial assets
on
2023/07/21 by
alex1, []
Amount of money of value in nonfinancial corporations determined according to certain rules of financial accounting. – See capital ratio. – Cf. Deutsche Bundesbank Monthly Report of June 2006, p. 20 (statement of capital formation and financing of German enterprises since 1991), p. 58 f. (reservations about the statistics; failure to take intersectoral credit relationships […]
-
Loss risk
on
2023/07/21 by
alex1, []
In the financial market, the contingency (eventuality: the actual possibility) of losing all or part of the capital invested in a commitment. – See hedging, call option, uncovered, non-investment grade, risk, loss absorbency, loss potential. – Cf. BaFin Annual Report 2006, p. 157 f. (capital management companies must determine the risk of loss per fund […]
-
Individual loss assumption
on
2023/07/21 by
alex1, []
The requirement that, in the event of a loss at a bank, either – all employees in the active business area, i.e. not including those employed in merely administrative activities, such as janitor services, telephone exchange or plant security (protective service), or – executives above a certain rank in the hierarchy must contribute to covering […]
-
Public assets (public capital)
on
2023/07/21 by
alex1, []
Unless otherwise defined, public capital includes all assets owned by the state that – have a permanent value and – yield benefits for the general public. – See assets, physical assets, social capital. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. […]