on 2023/07/21 by alex1, []

A payment which, according to special circumstances, must be made in addition to a sum already paid. – In the case of coins and medals, the strike value. – In stock exchange trading, generally the difference between the nominal value and the higher market value of a security, expressed as a percentage of the nominal […]

on 2023/07/21 by alex1, []

In financial markets, the activities of supervisory authorities aimed at ensuring the stability of the financial system as a whole. Specifically, this includes, above all, the identification, assessment and mitigation of systemic risks. These have been shown to depend on the overall behavior of institutions and their interconnectedness, as well as on the interplay between […]

on 2023/07/21 by alex1, []

Unless otherwise defined, this refers to the delineation of supervisory powers between the Bundesanstalt für Finanzdienstleistungsaufsicht and the Deutsche Bundesbank, most recently revised as of February 1, 2008. – See Banking Supervision, European, – Cf. BaFin Annual Report 2007, p. 111 ff. (outlining the individual areas of responsibility), BaFin Annual Report 2010, p: 144 (new […]

on 2023/07/21 by alex1, []

The official reassessment of the comparative value of a currency – upwards – in relation to an underlying benchmark, such as gold, USD, Special Drawing Right or a basket of currencies. – This is always the case when the exchange rate of a currency has been above the previously determined exchange ratio for a longer […]

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 […]

on 2023/07/21 by alex1, []

Former name for the booking fee common in the financial world of the time, today called: activity fee, account maintenance charge. – A fee that used to be paid to the authorized official or notary when notarizing documents. – See Tax. Attention: The financial encyclopedia is protected by copyright and may only be used for […]