on 2023/07/21 by alex1, []

In old documents, often said in a very broad sense of any payment that individuals have to make for any purpose of the commonwealth. – In a narrower sense, the older term for indirect taxes to be paid in money. The opposite was usually the treasury (direct taxes). – However, the terminology is not uniform. […]

on 2023/07/21 by alex1, []

In the USA, said for the acceptance of an application to study at a university with very high tuition fees. However, matriculation (the act of being enrolled in the register of students) is not associated with being accepted to a high-priced university, but receiving nothing in aid from any scholarship program. For many admittees, therefore, […]

on 2023/07/21 by alex1, []

Meeting of specialist supervisors for the purpose of exchanging experience and discussing measures to improve supervision. Section 8e KWG requires the establishment of a supervisory college for all banking groups that have a subsidiary or significant branch in another EU member state. – See bancassurance, supervision, European, Bank for International Settlements, banking supervision, European, Banking […]

on 2023/07/21 by alex1, []

An important indicator for forward-looking central bank policy, evaluating new orders, and therefore also closely monitored by the ECB (an indicator used by the ECB to evaluate future production. New orders received are defined as the contractual value [excluding VAT] of contracts between manufacturers and third parties in the field of delivery of goods). – […]

on 2023/07/21 by alex1, []

Share as the title to a certain nominal amount of the share capital of a stock corporation. – Securities certificate for participation in the assets of a capital management company, in practice often also called investment fund unit or investment fund certificate (US: investment fund certificate and often share for short; especially in the case […]

on 2023/07/21 by alex1, []

Regulations on reporting by institutions enacted by the Federal Financial Supervisory Authority at the end of 2006. – Cf. BaFin Annual Report 2006, p. 118 f. (details on the AnzV). 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, []

In principle, public levies are to be distributed among the payers in such a way that they correspond to the benefits that the individual payer (citizen, company) receives from the state. – In reality, however, the state has to spend more on individuals than they can reimburse it (e.g. social welfare, legal services, schools). Moreover, […]

on 2023/07/21 by alex1, []

In the financial market, an institution that assumes responsibility for issuing a bond (underwriting) and for lead management on behalf of a customer and, under certain circumstances, also for market management. In the case of securitizations in particular, this is a service provider that – takes over asset-backed securities handed over to it by a […]

on 2023/07/21 by alex1, []

Specially created securities used for refinancing purposes that are backed by a pool of similar assets (e.g. mortgage loans granted, leasing receivables, credit card receivables or also by a life insurance portfolio; collectively usually referred to as receivables portfolio, assets). – The debt service of the issued securities is borne by the pool’s income. If […]

on 2023/07/21 by alex1, []

The correlation of the change in the enterprise value of two companies. In the context of risk measurement, a corresponding ratio is related to companies whose credit risk largely depends on the same risk factor due to their activity in the same industry. – See industry concentration. – Cf. Deutsche Bundesbank Monthly Report June 2006, […]