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 […]

on 2023/07/21 by alex1, []

At banks, all financial instruments held – to maturity or – for longer-term investment purposes. – See securities holdings. – See Basel interest rate shock – ECB Monthly Bulletin, February 2004, pp. 77 ff. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor […]

on 2023/07/21 by alex1, []

If not defined otherwise, this term refers to purely logically based advice to an investor on how to set up his portfolio in the most favorable way. The instructions, which are usually highly mathematized (mathematically-modeled), generally neglect the crucial tax saving aspects that are extremely important in the decision-making process and are often the only […]

on 2023/07/21 by alex1, []

The effort to protect against sharp changes in the price of securities (and assets in general) by dividing them into different securities. Various portfolio theories model such diversification, some of which are highly mathematized and almost always exclude tax factors. However, it is basically not possible to protect against (even worldwide) pronounced, market-wide price changes […]

on 2023/07/21 by alex1, []

Unless expressly defined otherwise, a debt security with a maturity of between twelve months and five years (bonds with a maturity of between one and five years). 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. […]