ENG
-
Share capital
on
2023/07/21 by
alex1, []
The nominal value (as opposed to the market value) of all issued shares of a stock corporation, regardless of whose hands they are in (the capital of a company which is represented by shares, regardless the distribution of the shares). – The circulation of shares in a country; for Germany, shown in the statistical section […]
-
Circulation of shares (US
on
2023/07/21 by
alex1, []
stocks): The value of shares issued by issuers domiciled in Germany is recorded statistically by Deutsche Bundebank and published in the respective monthly report in the statistical section under the heading „Capital market“ with multiple breakdowns. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! […]
-
Dismissal order and dismissal order
on
2023/07/21 by
alex1, []
Dismissal of senior executives of an institution or insurance company ordered by the supervisory authority if their professional suitability (this includes adequate theoretical and practical knowledge in all areas relating to the operation of an institution) is in question or if they are even accused of misconduct. – See resolution order, instruction, supervisory board member, […]
-
Termination option and exit option as well as abandonment option
on
2023/07/21 by
alex1, []
The contractual option of terminating an engagement earlier than originally planned. As a rule, the reasons for a possible exit are listed exhaustively and described in great detail, usually on the basis of model contracts. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University […]
-
Direct debit [collecting] authorization, bill check
on
2023/07/21 by
alex1, []
A debtor authorizes the creditor to debit the amount owed directly from his account (a procedure of payment, in which a debtor permits a creditor to obtain payment directly from the debtor’s deposit account). This method of payment is particularly common in the case of regularly recurring payments by tele-service providers, electricity and gas suppliers, […]
-
The term is also used for bonds accounts (depositum irregulare)
on
2023/07/21 by
alex1, []
A form of safekeeping of securities by a bank that is less common today. In contrast to the usual custody of securities, in this case the depositor only has a contractual claim under the law of obligations against the bank for securities of the same type and quantity; see Section 700 of the German Civil […]
-
Dispatch fee
on
2023/07/21 by
alex1, []
The amount charged to the carrier for loading or unloading cargo. – Graduated rates can be used to ensure that certain carriers – whether ships, railroad cars, horse-drawn vehicles, trucks or aircraft – are served more quickly (higher dispatch fee) or more slowly. – See anchor money, douceur, ford money, money, soft, harbor money, hand […]
-
Severance and settlement pay (compensation payment; serverance pay, termination pay, redundancy payment; settlement benefit)
on
2023/07/21 by
alex1, []
Generally, any on-off payment made by way of compensation for a legal claim. – The usually one-off payment in cash made by an employer to an employee who is terminated or laid off. – In Germany, the severance payment – known as „fixation“ – was regulated in detail in the event of dismissal from the […]
-
Take-off fee
on
2023/07/21 by
alex1, []
A charge levied on air travelers by the airport operator or regional authority on whose territory the airport is located, often staggered according to domestic and international flights. The revenue is generally earmarked for the provision and maintenance of airport facilities. – A distinction must be made between this and the distance-based aviation tax introduced […]
-
Outflow
on
2023/07/21 by
alex1, []
In the case of a company, the expenditure, usually related to a period of time, such as a month or year (cash flowing out of a firm from all sources over a period of time, such as the purchase of production inputs, machinery, repayment of borrowed money, etc.). – In macroeconomic terms, the balance of […]