on 2023/07/21 by alex1, []

Formerly, the regular payment of money (life annuity) to a (noble) descendant. – See Fräuleingeld, pension, annuities, casket. 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 https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

on 2023/07/21 by alex1, []

A loan granted to an employee by the employer for a specific purpose. In most cases, this is aid related to the creation of housing for the employee. In order to rule out a disguised salary increase in this context, the tax authorities almost always require the difference between the bank’s market interest rate and […]

on 2023/07/21 by alex1, []

The number of unemployed people as a proportion of the total labor force, where the latter includes both the unemployed and those with jobs. The ECB calculates the unemployment rate for the euro area on an ongoing basis and analyzes and evaluates it in the light of various (mainly monetary) factors. – See compensation of […]

on 2023/07/21 by alex1, []

In older documents, this always refers to coins made of silver. – See money, heavy, coin. Coin paradox, Spores Raffel. 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 https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk […]

on 2023/07/21 by alex1, []

An agreement between the bank and an indebted customer on how to proceed with the (partial) repayment of his or her debts and the closing of an account; a contractually agreed and in some cases – such as in the case of corporate customers threatened with insolvency – also notarially attested debt redemption agreement. – […]

on 2023/07/21 by alex1, []

In older financial terminology often used for arrears (French: arrière) (debt which is overdue after missing one or more required payments. The amount of the arrears is the amount accrued from the date on which the first missed payment was due; the account is said to be in arrears). – See money forgiven, respiro, forfeiture […]

on 2023/07/21 by alex1, []

The acquisition of a company by purchasing its individual assets. Purchase agreements are concluded for each individual asset (e.g. for the sale of real estate, machinery, plant and equipment, rights, receivables and also intangibles such as goodwill). In an asset deal, the seller is liable for existing defects in the object of purchase. – In […]

on 2023/07/21 by alex1, []

Term from DIN EN ISO 8402; defined there as „a systematic and independent examination to determine whether the quality-related activities and the associated results correspond to the planned arrangements and these arrangements are effectively implemented and suitable for achieving the objectives“. Thus, audits serve to prove the conformity between the statement and the actual conditions. […]

on 2023/07/21 by alex1, []

In the language of German supervisory law, the country in which an institution maintains a branch outside its home country or operates by way of cross-border services¸ see Section 1, Paragraph 5, KWG. – See foreign banks, banking supervision, European, Europa-AG, home state, representative office, branch. Attention: The financial encyclopedia is protected by copyright and […]

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 […]