on 2023/07/21 by alex1, []

The total of all exports (goods and services) minus the total of all imports. A positive trade balance means that more goods were exported than imported. The external balance is monitored and evaluated by the ECB under the two-pillar principle. – See external demand, producer prices, industrial, unit value ratio. – Cf. ECB Monthly Bulletin, […]

on 2023/07/21 by alex1, []

Unless otherwise defined, this refers to the degree of real economic interdependence of an economy or economic area with the world economy. – See foreign trade statistics, Balassa index, producer prices, industrial, research ratio, globalization, unit value ratio, rigidities, structural, terms of trade. – Cf. ECB Monthly Bulletin of September 2011, pp. 94 et seq. […]

on 2023/07/21 by alex1, []

Central French financial market supervisory authority established at the beginning of 2004, comparable to the German Federal Financial Supervisory Authority. 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 […]

on 2023/07/21 by alex1, []

The obverse of a coin as opposed to the reverse, the back. – See Eteostichon, Millesime. 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, []

A coin with two heads, one behind the other, on the reverse, usually a pair of rulers. – See bishop’s coin, angel’s coin, emperor’s coin, reverse. 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 […]

on 2023/07/21 by alex1, []

Any – enterprise, even in the guise of a one-person company, which – on financial markets – offers any services and – through whatever distribution channel: very broad colloquial term. Because of the legal protection of the term in Germany, see Section 39 (1) of the German Banking Act (KWG). – Building in which banking […]

on 2023/07/21 by alex1, []

Independent central bank created in March 1948 as successor to the Reichsbank for the English and American zones – Bizone (bizonia) – in postwar Germany (occupied zones by the victorious powers after the end of World War II). In March 1949, the French occupied zone was also included; it was then referred to as Trizone […]

on 2023/07/21 by alex1, []

Employers in Germany are required by the Social Security Code to employ severely handicapped persons. If they do not comply with this obligation, or if they do so inadequately, they must make a payment to the public department for the integration of disabled people responsible for the respective federal state for each unfilled mandatory job […]

on 2023/07/21 by alex1, []

Debt security issued by a company or government outside its own currency area and regularly denominated in the currency valid there. – See bond, bulldog bond, dragon bond, shogun bonds. 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., […]

on 2023/07/21 by alex1, []

Indicator – but not the only one! – for the degree of internationalization of a bank, a company, an industry or the economy as a whole. It is calculated as the proportion of staff abroad in relation to domestic employment. Because of the different calculation methods used, caution is always advised when making comparisons. – […]