on 2023/07/21 by alex1, []

In earlier times, a sum paid to enlisted soldiers (recruits) to defray the expenses of traveling from their home to the place of enlistment; sometimes called marching money and conduct money. – See detraction, fare, meal money, advertising money. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes […]

on 2023/07/21 by alex1, []

Foreign money or a basket of currencies (theoretically, it may also peg the currency to the value of some commodity, such as gold) to which a central bank ties its own means of payment. – Foreign money (as well it may be a commodity for example cigarettes such as after the Second World War) that […]

on 2023/07/21 by alex1, []

A special form of index-linked bond in which the interest and/or redemption of the bond is based on the respective monetary value of quantities by weight of a common commodity, such as the current price of a kilogram of rye. – In Germany, such government bonds were issued at the time of inflation, beginning in […]

on 2023/07/21 by alex1, []

Unless otherwise defined, as a business accounting term, all assets that can be converted directly, in the short term, into cash by sale. These include, in particular, checks, (discountable) bills of exchange, floating-rate bonds and fixed-interest bearing listed securities with a short remaining term (remaining running time). – This asset reserve is intended to enable […]

on 2023/07/21 by alex1, []

In general, in financial language, this means – the customer’s (easy) access to the bank and – in particular, contact with a knowledgeable employee (supporter), – as well as after hours via telephone or the Internet (for a bank it is now essential to be accessible online; in Germany more than eighty percent of transactions […]

on 2023/07/21 by alex1, []

Formerly a payment to a group of citizens (Allmandberechtigte) from the proceeds of the assets owned by the municipality (forests, meadows, peat): the Allmandgut. 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. […]

on 2023/07/21 by alex1, []

Attachment slip to a bill of exchange, the reverse side of which has endorsements. Allotropes (allotropes): In older documents, coins that were struck or cast in different forms – such as rectangular and round – with the same metal mixture, and thus the same material value and exchange rate (coins with the same value existing […]

on 2023/07/21 by alex1, []

A law enacted in Germany in 2001. According to this law, pension fund investments lead to a substantial improvement in returns, primarily because – contributions are made from tax-free income, – interest receivable remains tax-free during the term of the contract, and – a nominal value guarantee is required by law for the relevant contracts. […]

on 2023/07/21 by alex1, []

The deduction from a sum (the amount lowered; a reduction). – An advance on a payment to be made. – See net. 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: […]

on 2023/07/21 by alex1, []

In the case of a credit institution in the EU, proof to the supervisory authority when applying for a license that it has a certain amount of own funds (currently EUR 5 million). The legal source is Article 9 of Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating […]