ENG
-
Aggregates, monetary (monetary aggregates)
on
2023/07/21 by
alex1, []
A monetary aggregate is defined by the ECB as the sum of currency in circulation plus those outstanding liabilities of monetary financial institutions that have a high degree of money or liquidity in the broad sense. – According to the Eurosystem’s definition, broad money M3 includes, in addition to currency in circulation, the following liabilities […]
-
Letter of credit (LoC)
on
2023/07/21 by
alex1, []
A document by which a line of credit is opened with a third party, usually a bank, a letter of credit. – In the past, such a letter was usually given to traveling salesmen, who were at the same time personally recommended to the addressee by this letter of credit. – See Borgkraft, contingent claim, […]
-
Share analysis
on
2023/07/21 by
alex1, []
The evaluation of shares with regard to various characteristics, such as, above all, yield and security. – Corresponding studies, usually accompanied by recommendations, must always be examined very carefully as to their origin, because often enough certain interests are connected with the publication. – See ad hoc announcement, agiotage, investor, intelligible, bear raid, bull raid, […]
-
Effective share (US
on
2023/07/21 by
alex1, []
stock) quota: Term used in the investment policy of insurance companies. It is understood to mean the proportion of total investments accounted for by shares held directly and indirectly, primarily through equity funds. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. […]
-
Agreement (regulation)
on
2023/07/21 by
alex1, []
In older documents also meaning: settlement of a liability in general and of an invoice in particular. – See settlement, payment, equalization, compensation, liberation, pagament, postage day, realization, payment. 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. […]
-
Trade day and execution day (deal day, trade day)
on
2023/07/21 by
alex1, []
Unless otherwise defined in the financial market, the date on which a transaction is agreed to by two business partners. – See settlement day. 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. […]
-
Hedge level
on
2023/07/21 by
alex1, []
In the case of a certificate, the lower threshold defined at the time of issue (absolute value or percentage of the reference value), which may not be reached or undercut in order to preserve the investor’s chance of receiving a profit on maturity. Attention: The financial encyclopedia is protected by copyright and may only be […]
-
Devaluation also referred to as devaluation
on
2023/07/21 by
alex1, []
The official downward revision of the comparative value of a currency to an underlying benchmark (gold, USD, Special Drawing Right). This is appropriate if the exchange rate of a currency has been above the fixed exchange ratio for a longer period of time and is expected to remain above the fixed exchange ratio in the […]
-
Discounting
on
2023/07/21 by
alex1, []
A method of calculating compound interest. It allows the calculation of the present value (capital value) from a given final amount with a given term and interest rate with the help of the discount factor. – See financial mathematics, capitalization, net present value, net present value, interest rate, internal. – Cf. Monthly Report of the […]
-
Acquit (received, settled)
on
2023/07/21 by
alex1, []
In older documents, an expression for the confirmation of payment. – See receipt. 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/ https://www.gerhardmerk.de/
