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. – […]

on 2023/07/21 by alex1, []

The liabilities of a government or currency area – such as the euro area – to economic units outside its own area. The ECB published a guide to the statistical compilation of external debt in May 2014 (External Debt Statistics. Guide for Compilers and Users). – See outflow, external assets, external asset position, balance, external, […]

on 2023/07/21 by alex1, []

The percentage at which the resources of a company or the economy as a whole are used for production (the percentage at which the production capacity is used). This indicator is also important for monetary policy and is therefore monitored by the ECB on an ongoing basis. – See capacity utilization, output gap, potential output, […]

on 2023/07/21 by alex1, []

The determination of monetary policy for a period of time that is characterized by the course of business cycles. Expressed in years, this means a goal orientation of five years or more. – See key data, macroeconomic, Elisabeth question, long-lag theory, medium-term, models, monetary policy, model uncertainty, cyclicality, Attention: The financial encyclopedia is protected by […]

on 2023/07/21 by alex1, []

Determination of monetary policy solely or predominantly on the price level of assets, especially real estate in addition to securities. – But even the determination of „appropriate“ asset prices poses hardly solvable judgment problems. After all, even a central bank cannot judge a „correct“ price level and „healthy“ earnings expectations because it lacks the yardsticks […]

on 2023/07/21 by alex1, []

Generally, the attempt by the acquirer of a company to break down the company in parts and sell those to third parties, hoping that the sum of the parts will at the end of the process be greater than the price they initially paid for the overall company. – A – usually distressed – company […]