on 2023/07/21 by alex1, []

A condition in a financial agreement that enables the investor to take back his funds if the result represented is not achieved. 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: […]

on 2023/07/21 by alex1, []

In older financial terminology, the arbitrary extortion of money by dishonest officials (the practice of extorting money or other property, particularly by a public official). In Germany, however, such a practice is completely unknown, especially among the police. – That which one earns from a transaction less than was to be expected (an unsatisfactory, disappointing […]

on 2023/07/21 by alex1, []

A public hive-off vehicle (state-run rescue company) for bad loans and toxic securities that has been proposed in various cases, especially in Japan and Sweden. This company could bundle the receivables of distressed institutions, package them as securities and place them on the credit market. Ultimately, however, taxpayers would be asked to pay for the […]

on 2023/07/21 by alex1, []

Any noticeable, atypical fall of prices on a market, especially on the stock exchange. – It is difficult to assign general characteristics to the term, which specify the extent of the fall in prices, although there are many approaches to this. It is common to define a bear market more precisely as a period in […]

on 2023/07/21 by alex1, []

A market participant expecting a bear market, usually selling an asset today to a later date. – See asset distress, bear market, bear, graveyard market, contermine, market, overbought. 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, []

Set of rules fundamental to national accounts, balance of payments statistics and central bank statistics, introduced by the International Monetary Fund. – See Balance of Payments. 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, []

In the case of fixed exchange rates, as in ERM II, the area left to free market operations before market intervention. The wider this spread range, the closer the system approaches floating exchange rates. – An investor establishes more long positions than short positions in the futures market with respect to a particular asset as […]

on 2023/07/21 by alex1, []

An institution that does business in more than one state or currency area. – In the U.S.A. – a domestic bank that can also operate worldwide, regardless of federal requirements, or – a foreign institution that is permitted to conduct business throughout the U.S. (a banking institution with a special license from the U.S. Federal […]

on 2023/07/21 by alex1, []

The marketing of banking and financial products in a state by a bank that has its headquarters outside the state’s territory. – In Germany, such cross-border service transactions are generally subject to supervision by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), unless they involve banks that are controlled by a supervisory authority in the […]

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 […]