on 2023/07/21 by alex1, []

At an institution, a colleague against whom every criticism and every recommendation made in bank staff training bounces off without any success. – See Aktenschänder, Alleskönner, Autonom agierende Einheit, Behavioural Branding, Chief Copying Officer, Kollege Harzenmoser, Käserei, Kontakt-Allergiker, Krokodil, Loch, schwarzes, Mailbomber, Selbstverwirklicher, Sitzheizung, Tenu-Schlamper, Totholz, Triple A, Umsatzbremse, Unfallflüchtling. Attention: The financial encyclopedia is […]

on 2023/07/21 by alex1, []

Generally, a share that is resistant to economic crises and hardly loses price on the stock market even in bad times (a share that performs well when the general market moves lower resp. a share which resists well to an economic downturn or a financial shock, as beverage, food, and utility shares). Attention: The financial […]

on 2023/07/21 by alex1, []

In general, the risk of loss due to fluctuations (oscillations: movements above and below a mean value) in share prices. – Insurance companies are particularly affected. In 2002, insurance companies in Europe had invested thirty-one percent of their assets in equity securities (in the U.S. only four percent); in purely arithmetical terms, they lost around […]

on 2023/07/21 by alex1, []

Shareholder who is generally unconcerned with the company’s business and usually intends to hold the share for the long term (an investor who invests in the company but does not actively contribute to management. Passive investors regularly purchase shares with the aim of long-term maintenance and do not attempt to profit from short-term price fluctuations). […]

on 2023/07/21 by alex1, []

The unchallenged principle in criminal law, according to which, in addition to punishment – for example, for theft – there must also be reparation – in this case, the return of the stolen property to the owner – found its way into Christian theology early on. A sin as the culpable contravention of a commandment […]

on 2023/07/21 by alex1, []

Pursuant to Section 632a of the German Civil Code (BGB), payment for a service rendered in accordance with the contract, as a result of which the recipient of the service receives an increase in value. Such cash transfers are common in the area of private households and companies, especially in the supply of electricity and […]

on 2023/07/21 by alex1, []

Special assets of a capital management company that has invested all or a very high proportion of its assets in asset-backed securities. – In the course of the subprime crisis, individual ABS funds suffered noticeable losses in value. The losses of individual funds (as a comparison between peak and trough in 2007) amounted to more […]

on 2023/07/21 by alex1, []

In general, the number of customers a company loses in a specific period (in its broadest sense: the number of customers moving out over a specific period of time). – In the case of a bank or insurance company, the percentage of clients who, upon expiry of their contract, decide not to be in contact […]

on 2023/07/21 by alex1, []

At the ECB, the date on which a transaction is executed. – Settlement may take place on the same day (same-day settlement) or one or more days after the trade (settlement date is defined as trade date T plus time to settlement). – See trade date. Attention: The financial encyclopedia is protected by copyright and […]

on 2023/07/21 by alex1, []

Committee of representatives of the EU member states; chaired by the European Commission. Its task is to advise the Commission on matters relating to international accounting regulations. – Cf. ECB Monthly Bulletin, February 2004, p. 77 ff. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express […]