on 2023/07/21 by alex1, []

Technical term from supervisory law. In this case, an institution requests the supervisory authority to review its business operations as a whole or individual processes to determine whether all activities comply with the legal requirements. – If the supervisory authority acts on its own initiative (normal case), this is referred to as being on the […]

on 2023/07/21 by alex1, []

Structural unemployment that does not generate inflationary pressures and must be addressed by means of labor market policies. – See Balassa-Samuelson effect, Phillips theorem, growth-employment relationship. – Cf. ECB Monthly Bulletin, August 2005, pp. 50 ff. (structural unemployment in the euro area analyzed; problems of predictive assessment; many references). Attention: The financial encyclopedia is protected […]

on 2023/07/21 by alex1, []

If not otherwise defined in the financial field, a term for the extent to which different sets of data in a financial statement or statement of assets and liabilities fit together (the interrelation and congruence of the flow of data between financial statements of an entity, such as between the income statement and the balance […]

on 2023/07/21 by alex1, []

In older financial language, in relation to a debt, the extension of time, the deferral of payment. – See moratorium, default. 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 […]

on 2023/07/21 by alex1, []

In the past, there were repeated disputes between banks and customers over the rounding up of (invoice) amounts. Today, the so-called half-adjust procedure has been introduced internationally. This is a method of rounding in which the digit of a number with the lowest significance determines whether or not a one is to be added to […]

on 2023/07/21 by alex1, []

In Germany, the Deutsche Bundesbank was responsible, in accordance with Section 7 of the German Banking Act (KWG), for the ongoing supervision of institutions as well as for conducting and evaluating banking audits and assessing audit findings. All other areas were subject to supervision by the Federal Financial Supervisory Authority. With the establishment of European […]

on 2023/07/21 by alex1, []

In relation to the financial sector — the national and supranational institutions for supervision. — their interaction, and — the totality of the resulting regulations. – The term has been rebuked for the iridescent word „culture“; however, coming from the English-speaking world, it has become deeply entrenched in professional jargon. – See supervisory talk, supervisory […]

on 2023/07/21 by alex1, []

The contract between an issuer and an analyst to provide an opinion on the rationale of buying the relevant securities. In this case, the analyst is obliged to point out the fact that he has been commissioned directly or indirectly – for example, by a consulting firm or an investor relations agency – and that […]

on 2023/07/21 by alex1, []

Generally, a measure of the effort or performance required to achieve an intended, planned result. The expenditure is usually expressed in monetary terms. However, it can also be expressed in units of quantity, especially labor hours, material requirements and machine occupation time. – The goods and services consumed by a company in the course of […]

on 2023/07/21 by alex1, []

Especially in the English version in financial language – a transaction that takes place in the same way in the next deal that has already been agreed and is usually of the same type (transaction where all the commitments and accountabilities in one transaction are mirrored in a second contractually agreed deal). – Reciprocal loan […]