on 2023/07/21 by alex1, []

to enquire (credit [enquiry] agency): A company that commercially obtains information about personal and business circumstances and, in particular, assesses creditworthiness. – A special branch of this business is skiptracing: the work of collectors in developing information in order to locate delinquent debtors and collect payment. This is particularly important for banks in large countries […]

on 2023/07/21 by alex1, []

Programs of various states – such as the Economic Cooperation Act in the U.S. in 1947 – with the aim of partially or fully assuming the risk of companies investing abroad. The sense of such a measure is disputed; mutual agreements to protect the investments of the contracting parties are considered the better way. – […]

on 2023/07/21 by alex1, []

The comparison of the income and expenditure of a mint or, in a broader sense, of a central bank’s paper money. – The profit generated by putting into circulation any kind of money is the seigniorage. – See coinage profit, regional money, strike rate, note bank. Attention: The financial encyclopedia is protected by copyright and […]

on 2023/07/21 by alex1, []

Body of the ESCB with the objective of advising the Governing Council and the Executive Board, in particular on the monitoring of developments in financial markets and financial instruments, on the conduct of the single monetary policy and on foreign exchange operations. – Cf. 2002 Annual Report of the Deutsche Bundesbank, pp. 144 f. Attention: […]

on 2023/07/21 by alex1, []

Body of the ESCB with the main objective of harmonizing banking and balance of payments statistics within the European Union. – Cf. 2001 Annual Report of the Deutsche Bundesbank, p. 146. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, […]

on 2023/07/21 by alex1, []

Banking transactions that were generally not required to be recognized on the balance sheet until the entry into force of International Accounting Standards in 2005 or the introduction of Basel II at the beginning of 2008 in the EU. These mainly include – contingent liabilities, such as sureties and guarantees, – irrevocable loan commitments, – […]

on 2023/07/21 by alex1, []

The price fixed in the option at which the option holder can exercise his right to buy or sell the underlying asset (the fixed price at which an option holder has the right to buy, in the case of a call option, or to sell, in the case of a put option, the underlying asset […]

on 2023/07/21 by alex1, []

Industry that has been the focus of economic policy since around 1950 due to its exceptionally high input intensity (industrial interrelation). In connection with the financial crisis that followed the subprime crisis in 2007, economic stimulus measures in many countries focused on the auto industry; in Germany, for example, a scrapping premium was introduced, i.e. […]

on 2023/07/21 by alex1, []

Abbreviation for business-to-business. This refers to payment transactions between companies, including banks. – See Enabler. 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, []

Regulations adopted in Germany in 2009 following the Financial Market Stabilization Act (FMStG), which came into force in October 2008, to eliminate remaining uncertainties for the financial system and the real economy. This is because the FMStG only targeted the liabilities side of banks and was unable to resolve the uncertainty regarding the items booked […]