on 2023/07/21 by alex1, []

An authoritative concept in the philosophy of money. It means that money represents a pure form of exchangeability: it expresses the side, the property of things, which makes them suitable for economic exchange. Money thereby fundamentally relieves human life and contributes substantially to the pacification of society. – See actus purus principle, omnipotence doctrine, initial […]

on 2023/07/21 by alex1, []

The law requires foreign workers to be paid at negotiated wages for home workers. As a result, companies that can relocate their production abroad are increasingly doing so. This does not mean that cheaper labor is now coming into the country. However, goods produced abroad at lower costs (e.g. prefabricated building elements) are now imported. […]

on 2023/07/21 by alex1, []

Body established in the course of the implementation of Basel-II comprising representatives of the supervisory authority, the Deutsche Bundesbank and the banking industry. The working group also comprised several expert panels (workshops). – Cf. 2004 Annual Report of BaFin, p. 95 ff. (there also p. 95 overview of the specialist committees) as well as the […]

on 2023/07/21 by alex1, []

Asset-backed, unlisted securities with a maturity of 360 days or less. They are usually issued by conduits to finance a portfolio of long-term receivables, e.g. mortgage loans. ABCPs are thus discounted securitization papers. – See Asset-backed securities, Commercial papers, Money market segments, Special investment vehicle. Attention: The financial encyclopedia is protected by copyright and may […]

on 2023/07/21 by alex1, []

The prices of real estate and financial assets rise more strongly than the consumer price index, which is ultimately always seen as the result of an excessive increase in the money supply (monetary parectasis). However, the stabilization of asset prices has so far not been an objective of monetary policy, but only one of the […]

on 2023/07/21 by alex1, []

The estimation of future prices of an asset, a stock market index or the prices on a sub-market (market segment) from the course of the stars, the celestial bodies. Several service providers specialized in this field offer their services in Germany and in other countries of the world and seem to be in great demand. […]

on 2023/07/21 by alex1, []

In general, any inflow of money, and in particular the return – from an investment and – from a tax source. – See revenue. 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. […]

on 2023/07/21 by alex1, []

Payments made by the government to induce economic agents to do or refrain from doing something, such as an export bonus, a rebate, or a payment for reducing pollutant emissions. – A bonus offered for performance above the average fulfillment of professional duties (a monetary reward provided for performance above targeted professional objectives). – See […]

on 2023/07/21 by alex1, []

Generally, a claim to a fraction of an asset. – In national accounts, a liability item, namely securities issued by domestic enterprises and held by foreigners. – See share, security. – Cf. Monthly Report of the Deutsche Bundesbank of January 2008, p. 34 f. (Shares as an item in the balance sheet). Attention: The financial […]

on 2023/07/21 by alex1, []

Instructions on how a central bank should formulate its monetary policy, issued by – clueless laymen, mostly self-styled financial journalists and silly assembly-line writers in relevant Internet forums, and – by far worse – complacent professors. Corresponding rules are often (and by whom!) cast in a catchy formula or easily understandable equation. In a sometimes […]