on 2023/07/21 by alex1, []

In general, the characteristic of certain economic variables – not to follow the business cycle in the same direction (in a broader sense; such as certain consumer goods, especially basic foodstuffs) or – even to run counter to it (in a narrower sense; such as exports; because companies demonstrably put more effort into sales abroad […]

on 2023/07/21 by alex1, []

In the case of pension funds, the defined period of time after which employees acquire an entitlement from the amounts paid in by the employer (the time period in which employees have accrued ownership over employer contributions made to an employee’s retirement account). – See salary sacrifice, pension fund, death fund. Attention: The financial encyclopedia […]

on 2023/07/21 by alex1, []

Acquisitions through which a bank (generally: through a company) seeks to gain a stronger position in the market (acquisitions that carry synergy potential through integration with existing operations). As financial history teaches, this has not been successful in many – some even say most – cases, and the acquiring institution has even slid into the […]

on 2023/07/21 by alex1, []

All measures aimed at influencing the supply of or demand for labor. Because active employment policy usually involves a considerable detour of money flows, its effects are monitored by the central bank. – See Labor Market Flexibility. – Cf. Deutsche Bundesbank Monthly Report of September 2006, pp. 63 ff. (basic considerations; many overviews; p. 70: […]

on 2023/07/21 by alex1, []

In the past, the poor box was set up by the parish or the political community and administered by an alms manager (also: almsvogt, Armenvogt, Almosenpfleger, Almosenier, Spendmeister; alms manager, almoner: an official attached with the distribution of alms) with the purpose of providing fellow citizens in need with the means necessary for their subsistence. […]

on 2023/07/21 by alex1, []

In the case of government bonds in particular, the postponement of repayment, compensated by an increase in the interest rate on the paper. – A partial payment. 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. […]

on 2023/07/21 by alex1, []

The complete or partial release of a claim by a similar counterclaim; §§ 387 ff. BGB (situation whereby a debtor may acknowledge the claimant’s demand, but he pleads his own claim in order to extinguish the claimant’s demands either in full or in part). – See Netting. Attention: The financial encyclopedia is protected by copyright […]

on 2023/07/21 by alex1, []

Generally, the assistance provided by one supervisory authority to another in carrying out its responsibilities. – Specifically, the assistance provided by the German Federal Financial Supervisory Authority to the establishment and service operations of supervisory authorities in emerging and developing countries, including through staff exchanges and training. – See banking supervision, European, twinning, central bank […]

on 2023/07/21 by alex1, []

white-label fund, WLF): An asset that a capital management company, a bank or a private asset manager – an independent fund manager, then often also called promoter – puts together specifically according to the wishes of a client. The fund name is usually freely selectable (private labeling), and all terms and conditions are specifically determined […]

on 2023/07/21 by alex1, []

Money paid by a promoter of an event to a celebrity in order to ensure that the star takes part in the event. Separate agencies arrange show stars and well-known politicians for such appearances. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor […]