ENG
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Expenditure, in the plural often [unattractive] expenses, in older documents also insumtion (expenses, operating expenditures)
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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 […]
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back-to-back transaction (operation)
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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 […]
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Anti Money Laundering Task Force, AMLTF
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2023/07/21 by
alex1, []
Body set up in 2006 with the task of examining the legal regulations on money laundering in the EU with regard to the practical work of the supervisory authorities. – See Financial Intelligence Unit. – Cf. 2006 Annual Report of BaFin, p. 194 (established by CEBS, CESR and CEIOPS). Attention: The financial encyclopedia is protected […]
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Apple harvest conclusion
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2023/07/21 by
alex1, []
If a single apple farmer achieves an extraordinary yield, this is very profitable for him. However, if all apple growers harvest a record crop at the same time, this is a misfortune. Because now the prices for apples sink into the bottomless pit; the individual farm no longer covers its costs and the market collapses […]
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Acquisition finance
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2023/07/21 by
alex1, []
A loan (from a bank) to finance the acquisition of a company by the borrower. – See mergers and acquisitions, leveraged buy-out, private equity financing. 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, […]
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Arbeitnehmerbeteiligung-Verwaltung (employee’s investment management)
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2023/07/21 by
alex1, []
Companies whose financial services consist exclusively of the management of a system of employee shareholdings in their own companies or in companies affiliated with them are not considered financial services institutions in Germany; see Sec. 2, para. 6, № 5 KWG. Attention: The financial encyclopedia is protected by copyright and may only be used for […]
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Arbeitskreis Internne Modelle, AKIM (working group internal models)
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2023/07/21 by
alex1, []
National body with the purpose of exchanging information between the Federal Financial Supervisory Authority, insurance companies and the German Insurance Association. BaFin is the lead institution. The main focus is on issues of Europe-wide harmonization (here: legislative and prudential alignment) with regard to supervisory regulations. Regulations. – See risk and solvency assessment, company-owned, SolvencyII. – […]
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Argyromania and money obsession (argyromania)
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2023/07/21 by
alex1, []
Excessive addiction to money; morbid urge to get rich (from argyros = silver) and claimed, especially in the older accusatory literature against banks, to be inherent: existing as an essential constituent, an indispensable quality. – However, it seems to be empirically proven beyond doubt that bankers are no more afflicted by argyromania than other persons. […]
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Arm’s length
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2023/07/21 by
alex1, []
In the financial market, a transaction between two related entities which, however, give the appearance to the outside world (e.g. for tax or antitrust reasons) that no pre-existing relations existed between them (a transaction where two related entities have nevertheless acted as if they had no pre-existing relations). – See Acting in Concert, Connection, Close. […]
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Arrest money and carceraticum (attachment fee)
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2023/07/21 by
alex1, []
Formerly, in the course of compulsory enforcement (CH: Betreibung; compulsory enforcement) of a claim, a payment to be made in advance to the authority by a creditor in the application for arrest when the debtor is requested to be imprisoned. This was to cover the expenses for the food (Atz: therefore sometimes also Atzgeld and […]