on 2023/07/21 by alex1, []

in general, the financial assets and liabilities of an economy vis-à-vis other countries at a given date in the form of stock data valued at their market price. – Stock statistics collected and observed by the ECB in this respect and reported in the respective Monthly Bulletin. It comprises the value and composition of the […]

on 2023/07/21 by alex1, []

the decision of a central bank to end a particular measure, usually a purchasing program: As a monetary policy-related term, the decision of a central bank to end a special measure, usually a purchasing program. Evidence shows that the mere announcement of tapering has an immediate impact on the financial market. – See tapering, central […]

on 2023/07/21 by alex1, []

Payment to the commission agent for goods given to him for commission but later ordered back, see the legal definition in § 396 HGB (German Code of Commerce). 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 […]

on 2023/07/21 by alex1, []

Monetary policy is geared to macroeconomic equilibrium. – Since not all imbalances are cyclical, but many are structural, such as those caused by technological progress or integration into new economic areas, monetary policy would prevent necessary adjustments. Moreover, the central bank would have to frequently reverse its deployment of funds. Such volatility would have adverse […]

on 2023/07/21 by alex1, []

Earlier fee – for the removal from a register, a cancellation fee – sometimes, however, contrary to the meaning of the word in old documents, also related to the entry into a register. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. […]

on 2023/07/21 by alex1, []

Unless otherwise defined, a prohibition on insurance companies distributing profits to their shareholders. Such a ban was envisaged in order to strengthen the industry’s risk-bearing capacity in the face of an environment of low interest rates and the associated disadvantages for the insurance industry. – Such a measure would lead to investments in insurance company […]

on 2023/07/21 by alex1, []

In the financial sector, this refers to a copy of the account balance; in older documents also transum[p]t. Today, most institutions offer not only password-protected access to account movements via the Internet, but also account balance inquiries via telephone or printouts of account allocations via an account printer (print output). – See usability, office, fully […]

on 2023/07/21 by alex1, []

Terms invaded into financial language from Japanese for a marketable security in which both the bid price and the ask price are quoted (two-sided market in which the bid price and the ask price are both quoted). – See bid-ask spread. Attention: The financial encyclopedia is protected by copyright and may only be used for […]

on 2023/07/21 by alex1, []

When the value of a bank share is low, shareholders – and with them the supervisory board as their representative – have an interest in the bank increasing the risk of its operations rather than reducing it. After all, if the value of the bank’s equity approaches zero, shareholders can benefit from a high risk […]

on 2023/07/21 by alex1, []

In relation to the financial market, a transaction on the market in the form of an auction (the process in which multiple parties bid to determine who will buy an item from a seller). Since about 1960, the word tender replaced the term auction in financial language. Many special forms of auction have emerged, some […]