on 2023/07/21 by alex1, []

Biting term for the fact that „vested interests are untouchable. Legislators find it extremely difficult to cut government spending even slightly in any field, such as social welfare, cultural promotion, education or defense. Monetary policy has to take this into account. – See Adjustment inflation, Monetary awareness, Budget pre-reconciliation, European, Semester, European, Sovereign debt, Sovereign […]

on 2023/07/21 by alex1, []

Often equated with loading fee, especially in older documents, namely the payment to be made for loading or unloading goods in port or also on land. – The charge levied on trucks transporting goods [CH: Camions] for forced carriage by rail, said with particular reference to Switzerland. – A certain percentage of transalpine heavy goods […]

on 2023/07/21 by alex1, []

Anybody can report complaints about misconduct in the financial sector to the complaints office of the supervisory authority. – However, the Federal Financial Supervisory Authority acts solely in the public interest. It is therefore unable to intervene on behalf of the private legal interests of individual complainants or, like a board of arbitration, make binding […]

on 2023/07/21 by alex1, []

On the stock exchange, slowly advancing quotations. – See Severity. 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, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

on 2023/07/21 by alex1, []

Unless otherwise defined, expenses incurred in installing/dismantling and transporting an item. – In banking, such expenses are incurred primarily when bank containers are set up at major events such as festivals, church conventions, sporting events, concerts, fairs and trade shows. For local institutes in particular, however, such an on-site presence is generally required. At the […]

on 2023/07/21 by alex1, []

Supply and demand for securitization instruments of all kinds. In principle, anything that promises a continuing stream of payments can be securitized, from credit card receivables to student loans to revenues in a soccer stadium or concert hall. – The catch with any securitization is the moral hazard problem. This is because the incentive for […]

on 2023/07/21 by alex1, []

Official term for the insolvency of a private household. – See consumer credit. – Cf. Bafin Annual Report 2012, p. 32 (statistics; in 2012, around 98,000 cases with outstanding claims of EUR 5.4 billion) and the respective Bafin Annual Report, „Economic environment“ section. Attention: The financial encyclopedia is protected by copyright and may only be […]

on 2023/07/21 by alex1, []

Term used in financial journalism, but rarely used in the language of monetary authorities, meaning that the supply of money is high; and usually because the central bank injects ample liquidity into the market. – See money, cheap, credit crunch, larghezza, liquidity provision, low interest rate policy, quantitative easing. Attention: The financial encyclopedia is protected […]

on 2023/07/21 by alex1, []

According to IAS 39, a credit balance in the income statement or a surplus of liabilities over assets in the balance sheet only had to be recognized when the loss actually occurred, i.e., when it materialized. The event triggering the loss (trigger event) could be waited for. In the course of the financial crisis that […]

on 2023/07/21 by alex1, []

The risks of securitization are seen as follows: – the originating bank has little or no concern for the careful selection and monitoring of debtors; – demand for securitization paper can suddenly dry up, as was observed in the subprime crisis and the financial crisis that followed it, where an unexpected synchronization of defaults on […]