on 2023/07/21 by alex1, []

In older financial jargon, for a courtesy loan in which – a person known to be solvent vouches that – a loan will be granted to a debtor – by a third person – less said also in relation to a bank (the lending of one person’s credit standing to a second person in order […]

on 2023/07/21 by alex1, []

A share that experiences a sudden drop, similar to a plane hitting an air pocket, usually as the result of investors reacting to negative news. 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, []

stocks]: In principle, the number of shares representing more than half of the nominal capital of a corporation (ordinary majority). Sometimes, however, the qualified majority is also meant, namely as a two-thirds majority or a three-quarters majority. – Under German stock corporation law, a three-quarters majority is required for certain matters, such as dissolution of […]

on 2023/07/21 by alex1, []

In sports in general and in soccer in particular, the money to be paid whenever a player under contract moves between professional clubs. – In the case of a change of ownership of an apartment or house, the payment (one-off payment) to the previous tenant for items brought into the apartment (house) by the latter, […]

on 2023/07/21 by alex1, []

Generally, a payment to the broker of a contract in finance. – See brokerage, transactions, commission-based, fee, brokerage fee, margin, commission, proxenetics, remuneration. – Cf. 2010 Annual Report of BaFin, p. 115 f. (supervisory authority reprimands high acquisition commissions in private health insurance). Attention: The financial encyclopedia is protected by copyright and may only be […]

on 2023/07/21 by alex1, []

In the credit market, the taking of a protection buyer position by selling the credit risk to a protection seller (fixed rate payer) and, unless otherwise stated, by means of a credit derivative (more rarely related to sureties and guarantees). – The transfer of any risk of loss arising from an unfavorable price movement through […]

on 2023/07/21 by alex1, []

A sum paid to individuals (such as top managers, football players, musicians, theater people) when they leave their contract and enter the service of the payer. – The boundary between enticement money and welcome money is often difficult to determine. – See leniency, recruitment fee, douceur, draufgeld, money, soft, hand money, bribe, taxe. Attention: The […]

on 2023/07/21 by alex1, []

In connection with personal loans (consumer loans), the time at the end of which a loan taken out must be repaid to the bank. In the U.S.A., the central bank can set this period and thus influence the granting of credit to households. – See balloon, loan, customer, bad, personal loan, minimum interest rates, minimum […]

on 2023/07/21 by alex1, []

In general, according to this basic rule, business transactions are always recognized in the period to which they are attributable and reported in the period-end financial statements (balance sheet). In other words, they are always recognized as expenses or income in the accounting period in which the consumption of value or increase in value occurs […]

on 2023/07/21 by alex1, []

In a credit relation in general, the risk that a debtor may no longer be able to meet its obligations to the creditor – for example, due to insolvency. – From a bank’s point of view, this risk is generally all the more dangerous the higher the concentration of counterparties is to be assessed, i.e. […]