ENG
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Aging
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2023/07/21 by
alex1, []
Countries with aging populations (such as China and most members of the EU: their populations will decline by 0.75 percent per year until 2050!) usually have relatively high savings rates. Savings preferentially flow to economies with better demographic development, because capital there promises a better return. So, sooner or later, there will be high capital […]
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Amende (fine)
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2023/07/21 by
alex1, []
In older documents, the payment in money as an officially decreed penalty, a fine (money paid as punishment for a crime or other offense). – See indulgence money, fine, heel money, peace money, penalty money, expiation money, coercion money. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes […]
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Church ministry fee; officials salary
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2023/07/21 by
alex1, []
Formerly the fee for special official acts of a clergyman, also called candle money. – Older term for the salary of a civil servant, also called Bestallungsgeld; bestallen = here: to appoint someone to a (public) position. – See Denkgeld, Kerzengeld, Memoriengeld, Messegeld, Salär, Stolgeld, Taxe. The term „bailment“ refers to the deposit of money […]
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Variation margin
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2023/07/21 by
alex1, []
The adjustment of a contract to changes in price of the underlying instrument that have occurred in the meantime. – See initial margin, variation margin. 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, […]
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Conduct money
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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 […]
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Anchor currency (peg currency)
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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 […]
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Bond, commodity-based bond
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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 […]
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Assets, near-money assets
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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 […]
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Accessibility and reachability
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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 […]
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Allmandgeld and Allmendgeld (common land payout)
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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. […]