on 2023/07/21 by alex1, []

Uniform regulations (single rule book) with regard to supervisory authorities in all EU countries. First and foremost, it should be established that the supervisory authority can act free of interference from politics and business. In addition, the financial and human resources of the supervisory authority and the legal framework within which it acts should be […]

on 2023/07/21 by alex1, []

Sum of final orders placed by customers with companies, usually relating to the order-driven industry (the value of new contracts for goods produced by the order-driven manufacturing sector). Monitored and evaluated by the central bank as part of its economic forecast. – See new orders statistics, business cycle diagnosis, crisis foreshadowing, order capacity index, two-pillar […]

on 2023/07/21 by alex1, []

The (currently still existing) possibility to build up an already considerable position in a stock corporation without being subject to a notification obligation by – purchasing up to 2.99 percent (from 3 percent there is a notification obligation according to Section 25 WpHG) of the shares of a company and – simultaneously acquiring up to […]

on 2023/07/21 by alex1, []

The seller’s bank provides an (abstract) promise of payment in favor of the buyer for the refund of a down payment (advance payment) made in the event of a breach of contract. The amount of the guarantee is the amount of the down payment; its term is usually until the delivery of the goods plus […]

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. […]