Month: July 2023

  • Remuneration (payment; [performance] fee; credit entry; gratification; abatement) EN

    Generally, the payment of a sum of money under a contractual agreement, especially said of employment contracts: salary, earnings, salary, pay. - The remuneration for services …

  • Comparability EN

    Principle in accounting and regulatory law according to which the same facts must be treated in the same way by all companies in order to be …

  • Lapse and compulsory exclusion (lapse) EN

    In the case of a life insurance policy, the automatic lapse under the terms of the policy if the policy owner falls behind with the premium …

  • Securitization EN

    Generally, the conversion of non-marketable assets of any kind into tradable securities (the process of converting nontradable assets into tradable securities.). - Banks bundle receivables from …

  • Loss limiting; short hedge EN

    In general, any type of transaction aimed at avoiding a possible trading loss altogether or at keeping it within manageable limits. - In the case of …

  • Securitization market EN

    Supply and demand for securitization instruments of all kinds. In principle, anything that promises a continuing stream of payments can be securitized, from credit card receivables …

  • Securitization structure EN

    A bank and in this context often called originator or originating bank - ties together a large number of credit relationships into a pool (portfolio), - …

  • Constitutional article one EN

    Biting term for the fact that "vested interests are untouchable. Legislators find it extremely difficult to cut government spending even slightly in any field, such as …

  • Seller’s market EN

    A market in which demand exceeds supply. Rising prices are the result due to the First Price Law (supply and demand determine the price). - See …

  • Loss, unexpected (unexpected loss) EN

    In general, the product of the probability of default and the amount of loss in the event of default. Banks are required by regulatory law to …