ENG
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Indulgence fee
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 […]
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Payment on account (advance payment)
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 […]
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ABS fund
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 […]
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Churn rate. The number of customers a company loses over a specific period of time
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 […]
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Settlement date
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 […]
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Accounting Regulatory Committee, ARC
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 […]
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Adjection
on
2023/07/21 by
alex1, []
In older documents, the addition to an amount of money (money added to an amount), usually in connection with contract negotiations and auctions. – See action. 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 […]
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Agency theory
on
2023/07/21 by
alex1, []
Thought-out proposals aimed at coordinating the intentions of the executives – the management, the agency – of a bank or, more generally, of a company – with regard to financing (narrower concept) – with regard to the management of the company as a whole and – sometimes particularly emphasized in this context: of the workforce […]
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Airbag certificate (airbag = impact cushion)
on
2023/07/21 by
alex1, []
Certificate in which the investor participates in the price increase of an underlying asset depending on the participation factor. – Losses of the underlying asset are cushioned up to an agreed threshold. If the underlying asset is quoted above the strike price at maturity, the investor receives the equivalent amount. If the underlying is below […]
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Share, mandatory redeemable share
on
2023/07/21 by
alex1, []
Share in a stock corporation that – on a certain date or – upon the occurrence of a certain event – such as: The share is contractually subject to mandatory redemption by the corporation, either by payment in cash or by transfer of assets of the corporation. – Under FSAS 150, shares with a right […]
