on 2023/07/21 by alex1, []

Popular name for the Austrian schilling (ISO 4217: ATS), the currency in Austria from 1925 (previously: krone) until entry into the European Monetary Union in 2002, with the subdivision into pennies; the conversion rate was 1 euro = 13.7603 schillings. Attention: The financial encyclopedia is protected by copyright and may only be used for private […]

on 2023/07/21 by alex1, []

An institution that is associated with a particular population group in terms of deposits and usually also pursues special objectives in terms of lending. In Germany, for example, this includes the originally anthroposophically oriented (right from the formation anthroposophical oriented) „Gemeinschaftsbank für Leihen und Schenken“ (Community Bank for Lending and Giving), headquartered in Bochum; the […]

on 2023/07/21 by alex1, []

body launched in April 2009 with the mandate to improve the exchange of experience between central banks, supervisory authorities and finance ministries in the EU. – See deterrence, prudential, investor protection, supervision, European, supervisory avoidance, Banana Skins Survey, harmonization, Octopus, regulatory arbitrage, regulatory mania, straitjacking, subsidiarity principle, overregulation. – Cf. 2009 Annual Report of the […]

on 2023/07/21 by alex1, []

In regulatory terms, the case where two or more bidders submit an offer to acquire a target company. – See Acting in Concert, Persons Acting Jointly. – Cf. Annual Report 2010 of BaFin, p. 226 (here detailed explanations of the legal position of the individual participants). Attention: The financial encyclopedia is protected by copyright and […]

on 2023/07/21 by alex1, []

An amount paid by a buyer to a seller as a sign of completion of the transaction (a partial payment made to evidence good faith that the buyer will complete the purchase transaction at the time the contract is signed). – Such a payment is required by name from an unknown buyer who wants to […]

on 2023/07/21 by alex1, []

Banks have often aligned their terms and conditions (and, in particular, their credit policies) with those of their competitors without any formal agreements between the institutions. – See alliances, cross-border, correspondent banking relationship. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. […]

on 2023/07/21 by alex1, []

Investment placed with a (foreign) institution in the name of a bank, but for the account and at the risk of a customer. Usually, such contracts have a fixed term, a certain (minimum) amount at a fixed interest rate. – See investment limit, call money, time deposit. Attention: The financial encyclopedia is protected by copyright […]

on 2023/07/21 by alex1, []

A term commonly used in Switzerland for the assets of a capital management company and also officially introduced in the 1995 Investment Fund Act (IFA). 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, […]

on 2023/07/21 by alex1, []

The responsibility for an investment with the obligation to be personally liable for any losses. – It is indisputable that any kind of investment is made more carefully, the more the responsible person is liable for this investment. As economic history can clearly demonstrate, sooner or later crises and market collapses have always occurred where […]

on 2023/07/21 by alex1, []

Possibility of investing money and setting up a corresponding (mixed) portfolio, for example in shares, funds, participation models or certificates. – Different tranches issued by an investment fund. Each of these securities is issued on the same fund. However, the individual classes are distinguished by precisely disclosed special features, such as, above all, in relation […]