on 2023/07/21 by alex1, []

Arbeitslosenentschädigung] (unemployment pay, out-of-work benefits, dole): Generally, the transfer of payment funds to the unemployed (money given to the unemployed by the government or a compulsory para-governmental insurance system). – In Germany, unemployment assistance and social assistance have been combined under this name (Arbeitslosengeld II, abbreviated to ALG II) since the beginning of 2005. – […]

on 2023/07/21 by alex1, []

In older documents, a tax levied in some German territorial states according to the area planted with tobacco. This tax was rightly objected to. It did not take into account the quality of the tobacco grown or the crop yields. In many respects, a levy on ready-to-consume tobacco products is a better way to go […]

on 2023/07/21 by alex1, []

Taxes levied by the state on households and firms are a premium, as it were, for the fact that the state protects the payers and enables them to earn income. – See equivalence theory. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor […]

on 2023/07/21 by alex1, []

The management of a company’s assets from an accounting and tax perspective. – In a bank, a division that – for private customers, institutional investors as well as for public bodies – selects, procures and also manages on the shelf the – appropriate investments from among many options, such as stocks, bonds, real estate, hedge […]

on 2023/07/21 by alex1, []

Banks in Germany are required to inform investors of the associated risks prior to the purchase of financial futures transactions and to require a signature on a corresponding document. The legal basis for this is Section 37d of the German Securities Trading Act (WpHG). – See Investor Information Obligation, Derivatives Information Obligation, Derivatives Code, Editionsgebot, […]

on 2023/07/21 by alex1, []

Generally, any contract that provides a regular stream of income in return for an initial payment. – In the case of an investment, the sum of the (annual) repayment portion and the interest rate. – Interest plus repayment; generally payments of a constant amount made at equal intervals over a specified term at the beginning […]

on 2023/07/21 by alex1, []

Mainly referred to in older textbooks as a monetary policy of matching wage and price rises with money supply increases, so that the real money supply does not fall and drive the economy into stagnation or even into recession. – See targeting, one-tier, targeting, stability-oriented, targeting, exchange rate-determined, two-pillar principle. Attention: The financial encyclopedia is […]

on 2023/07/21 by alex1, []

In most countries, owners of a significant stake in a bank are subject to supervision by the supervisory authorities; in Germany, this is governed by Section 2b of the German Banking Act (KWG). The aim of this provision is to ensure the solvency of the individual bank and, in addition, to counter risks to creditor […]

on 2023/07/21 by alex1, []

Declaration by which the instructing party authorizes a third party (instructed party; usually a bank) to perform a service for the account of the instructing party to the beneficiary (instruction recipient) designated by the corresponding declaration of intent (in writing [document], electronically or also verbally). The instructed party is authorized to make payment to the […]

on 2023/07/21 by alex1, []

A swap transaction in which an investor exchanges – his fixed investment for a floating one (fixed rate payer swap) or – his floating investment for a fixed one (fixed rate receiver swap). – See Liability Swap. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express […]