on 2023/07/21 by alex1, []

Setting monetary policy with a view to stabilizing domestic demand, which some policymakers have insisted on. – This guideline as a priority automatic instruction to act is ruled out for the ECB under Article 127 TFEU; this is because the priority target is defined as safeguarding the benchmark property of the euro…. – See adjustment […]

on 2023/07/21 by alex1, []

An EU body established in June 2001 and based in Paris with the purpose of advising the European Commission on securities regulatory issues and promoting the transposition of Community law into national law. Members are representatives of national securities regulators. – See Committee Madness, Enforcement. – Cf. ECB Monthly Report of May 2002, p. 71, […]

on 2023/07/21 by alex1, []

The statistical recording of a payment when the amount is received. In the balance of payments, this principle is applied to dividends and direct investment. – See accrual principle. – Cf. Deutsche Bundesbank Monthly Report, March 2005, p. 34 (explanation). Attention: The financial encyclopedia is protected by copyright and may only be used for private […]

on 2023/07/21 by alex1, []

A figure closely monitored by central banks and often commented on in their reports. It is very important to pay close attention to the explanations given in each case, because some of the underlying series of figures do not match, especially: partly goods, partly only goods. – In addition, statistical recording is often fraught with […]

on 2023/07/21 by alex1, []

The withdrawal from an engagement and, as a rule, also the liquidation of the corresponding assets, also called recess in older documents. – The abandonment of a business area at an institution. – At the central bank, the changeover of monetary policy from a phase of ample liquidity provision (quantitative easing) to normal market management, […]

on 2023/07/21 by alex1, []

Generally, a loan granted by someone – usually a bank, but sometimes other companies, such as a corporate parent – by assuming a surety or providing a guarantee. This means that the bank does not provide liquid funds, but rather its own creditworthiness or a parent company’s good name (place in public esteem). – In […]

on 2023/07/21 by alex1, []

In older financial language, payment as compensation to someone who renounces something (money given to a resignee: a person who has resigned or is about to resign). – A rollover sum when trading in lump sum (buying in the lump; quantity purchase). In this case, a stock of goods is assessed and paid for on […]

on 2023/07/21 by alex1, []

The process of testing an investment strategy by using the series of past historical data. Quite a few analysts and business journalists recklessly use backtesting to predict future performance (but there is much evidence that backtesting does certainly not allow one to predict how a strategy will perform under future conditions). – In the context […]

on 2023/07/21 by alex1, []

A biennial study published by the London-based Centre for the Study of Financial Innovation (CSFI) on the assessments and expectations of financial professionals at banks and in the industry worldwide; it is based on surveys of about 700 experts (based on over 700 responses from 58 countries). The report is sponsored by global accounting firm […]

on 2023/07/21 by alex1, []

In the case of a floater, the simultaneous purchase of a cap and sale of a floor. 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/