on 2023/07/21 by alex1, []

the sequential mechanical processing of transactions or transfers from one end of the payment chain to the other, including the creation, confirmation, clearing and settlement of the instructions associated with a payment order (documentation). – See settlement systems, business continuity programs, cash management, Euroclear, clearing house, automated, remote access, capital transfer system, electronic, retail payments, […]

on 2023/07/21 by alex1, []

The ability to reduce (income) tax liability by deducting items allowed by tax law from taxable gross income (the reduction in income tax that results from taking an allowable deduction from taxable gross income). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor […]

on 2023/07/21 by alex1, []

In the philosophy of money, this term, borrowed from Aristotelian philosophy, refers to the fact that money consists in itself: it does not itself have any compelling force to do anything. Money is neither good nor evil, but ethically neutral. The decisive factor is solely the choice a money owner makes with the means of […]

on 2023/07/21 by alex1, []

Nachbesprechung): Unless otherwise defined, an internal bank meeting at which the results of transactions are discussed critically. The term seems to have entered the financial language from the military vocabulary. – See audit, super audit, transaction monitoring. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express […]

on 2023/07/21 by alex1, []

All measures to influence the primary production sector of an economy (agriculture, forestry and fisheries), often subdivided into – market and price policy, – agricultural social policies and – agricultural framework policy. – Because every human being depends on the repeated consumption of agricultural products to maintain his or her existence, price sensitivity is extremely […]

on 2023/07/21 by alex1, []

stock): A security representing a share in a company, in Germany a stock corporation [AG] or a partnership limited by shares [KGaA] (an equity investment that represents ownership in a company). The issuance of shares is referred to as an issue (Begebung). Shares that are issued together are referred to as a tranche. Shares are […]

on 2023/07/21 by alex1, []

The sale and purchase of shares through all distribution channels. – The ECB publishes detailed statistics on the issue and turnover of listed shares in the euro area. – For information on the collection of these statistics and their information content, see the ECB’s Monthly Bulletin of January 2004, pp. 20 ff. and the annex […]

on 2023/07/21 by alex1, []

The transfer of one share by one shareholder in return for the receipt of one share issued by another company, usually effected in the run-up to a merger or takeover (the exchange or swap of one shareholding for another, commonly relating to a takeover or merger). – See share swap takeover. Attention: The financial encyclopedia […]

on 2023/07/21 by alex1, []

At a bank, the risk that – borrowers draw on credit lines granted to them in an unplanned manner (in lending business) or – customer deposits are withdrawn to an unexpectedly high extent (in deposit business). This gives rise to a liquidity risk or a refinancing risk for the institution, which must be covered by […]

on 2023/07/21 by alex1, []

The reproach of legislators and supervisory authorities for making stock market entry more difficult through bureaucratic overkill. In this context, the demand is to enable stock exchange segments with a significantly lower regulatory density. – On the other hand, however, the Federal Financial Supervisory Authority (BaFin) is publicly and severely reproached when a stock makes […]