ENG
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Investor protection (protection of [for] investors)
on
2023/07/21 by
alex1, []
All precautions aimed at preventing abuses in all sectors on the supply side of the financial market. In the course of this, the „Act to Strengthen Investor Protection and Improve the Functioning of the Capital Market (AnsFuG)“ was passed in Germany in spring 2011. – See share buyback, oversight, committee mania, supervision, full, capture theory, […]
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Bond, extendible bond
on
2023/07/21 by
alex1, []
A bond whose terms of issue stipulate the issuer’s right to postpone the repayment date (contractual privilege of the issuer of lengthening the repayment schedule of the bond). This does not affect the interest payable on the bond. – However, some creditors offer a higher interest rate from the time the redemption period is extended […]
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Bond, structured (structured bond)
on
2023/07/21 by
alex1, []
Generally, a fixed-income security that includes special supplemental agreements between the issuer and the acquirer; examples include equity-linked bonds or credit-linked notes. In the context of leveraged buyouts, CLO funds also issue special bonds tailored to the financing structure of the respective transaction, often also with a high risk content. – Cf. Deutsche Bundesbank Monthly […]
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Announcement (also often used in German)
on
2023/07/21 by
alex1, []
Unless otherwise defined, in the financial market generally the announcement of a new type of financial product. – In particular, also the announcement of a fund (subfund, share class) being established by a capital management company; often with the offer to investors to switch to this newly established fund in whole or in part and […]
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Excise tax, also called „Zehrsteuer“ and „Lizent“ (excise)
on
2023/07/21 by
alex1, []
Until the 19th century, a tax levied in varying amounts in individual places on the purchase or consumption of – beverages, grain, meat and other foodstuffs (victuals) and – in some places also on all so-called store wares. The excise is considered the forerunner of today’s turnover tax. – See Akzisant, Biergeld, Brotlizent, Detz, Krügergeld, […]
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All-rounder and omnipotent cell (whizz kid, omnipotent cell)
on
2023/07/21 by
alex1, []
In the jargon of institutes, a freshman from university who knows little, does not overlook the course of business, does not perform at all but believes he/she is far superior to all employees and will very soon end up on the board of directors. – See airbag, all-rounder, chief copying officer, high flyer, parachutist, hot […]
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Amortization (cancellation)
on
2023/07/21 by
alex1, []
In older documents, the invalidation (annulment, nullification) of a security in general and a bill of exchange in particular. 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: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ […]
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Investment, also innovative investment
on
2023/07/21 by
alex1, []
A term frequently used from around 2000 onward, but which does not precisely define an investment. In most cases, it refers to structured financial products based on fixed-term deposits with an interest rate not yet determined when the contract is concluded. The interest income is often invested in whole or in part in an option. […]
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In older documents, also bond, loan
on
2023/07/21 by
alex1, []
Generally, the borrowing of outside money by an economic entity; a loan, a credit. – A debt security (bond) – in certificated form as an issue of securities, – by means of which a company or the state – secures a larger amount – in the form of bearer parts – from a larger number […]
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Bond, asset-backed bond
on
2023/07/21 by
alex1, []
Generally, a security whose servicing (interest and repayment) is based on the (current) payment of claims to which the issuer of the issue is entitled. These receivables are usually mortgage loans to companies and private households as well as loan receivables from public institutions registered in the registry of deeds and, as a cover pool, […]