on 2023/07/21 by alex1, []

Unless otherwise defined, in the financial market, a bank’s written commitment to participate in an engagement. – See bought deal, co-investment, underwriting, fundrasing, multisourcing, roadshow. 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, []

An attempt to use the tax system to replicate the effect of a deterioration in the exchange rate in those countries suffering from persistent current account deficits due to the common currency in a currency area. Essentially, this can be achieved by – raising import taxes and – lowering duties on export goods. However, such […]

on 2023/07/21 by alex1, []

A security whose purchase price is determined by discounting the nominal amount to be repaid at a later date to the time of purchase. Only at the end of the term is the interest (and compound interest) paid out together with the redemption. – See annuity bond, compounding bond, commercial paper, federal financing treasury, zero-coupon […]

on 2023/07/21 by alex1, []

A card contract intermediary, namely a company that concludes agreements on accepting cash cards from a card-issuing bank at points of sale (in retail outlets, gas stations, lodging houses, restaurants, car rental agencies, airlines, etc.). As a rule, this is a bank. – A person or business firm that buys shares of a company or […]

on 2023/07/21 by alex1, []

fortgeschrittener Messansatz): A tool used by institutions to measure operational risk. This is ultimately based on the bank’s own estimates of capital backing and must be approved by the supervisory authority. – See counterparty credit risk, default, probability of default, backtesting, Herfindahl-Hirschman index, internal ratings-based approach, calibration, credit risk, rating, rating steps, risk measurement, risk […]

on 2023/07/21 by alex1, []

Generally, a sum to be added to a given amount. – See premium, pagament, allowance, co-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. 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/

on 2023/07/21 by alex1, []

A loan (from a bank) to finance the acquisition of a company by the borrower. – See mergers and acquisitions, leveraged buy-out, private equity financing. 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, []

Unless otherwise defined, the holdings of shares in the hands of economic agents in an area. – For the euro area, stock holdings are shown in the annex „Euro area statistics,“ section „Monetary developments, banks and investment funds,“ subheading „MFIs‘ holdings of securities, breakdown“ in the respective ECB Monthly Bulletin; in the subheading „Revaluation of […]

on 2023/07/21 by alex1, []

stocks]): The process of a company buying back its own shares. This makes sense for the company if more equity is available than is needed for investments. The share buyback usually increases the value of the shares remaining on the stock exchange (this reduces the number of shares in existence and, potentially, increases unit share […]

on 2023/07/21 by alex1, []

In the case of coins, the loss of weight through use in payment transactions, also called abrasion or removal of the surface of a solid material as a result of relative movement of other solid bodies in contact with it. – In the case of gold coins circulating in Europe in the past, abrasion was […]