Univ.-Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.In general, the possibility that the actual return from an investment may exceed expectations upside (the possibility that the value of an engagement may increase beyond forecast level). Any engagement in the financial market involves the possibility of downside risk and upside risk. – For a borrower, the risk that the market interest rate will… read more »
In the jargon of a call option, when the price of the underlying asset on the spot market is below the strike price, in other words the option is out of the money (a call option whose strike price is greater than the market price of the underlying asset). – With respect to a loan,… read more »
Blocking of turnover on the stock exchange in Neuyork if the Dow Jones stock index rises by more than fifty points within a short period of time. – This restriction is intended to prevent computer-controlled buy programs, which trigger corresponding buy signals in fractions of a second, from causing a rocket-like increase in demand after… read more »
In Switzerland, this is the usual designation for the securities identification number. 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/
“Pay in best money!”; decree of the Sumerian (Sumer = an ancient country of southern Mesopotamia in present-day southern Iraq; the Sumerians are believed to have invented the cuneiform: the wedgeshaped system of writing) Urukagina around 2500 BC. The Urukagina, around 2500 B.C., instructed the (foreign trade) merchants to pay in Kurant coin – practically… read more »
In older financial terminology, often used for collateral in the sense of depositing an asset in order to increase the probability that a creditor of a claim will also be repaid the claim together with interest. – See loan, secured, pledge, pledge money, security, security deposit, security money, underlay. Attention: The financial encyclopedia is protected… read more »
In financial terminology, anything that cannot be supplied to the market (something that may not be sold, transferred or assigned to another). – See Fideïkommiss. 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,… read more »
Possible loss of a position or a portfolio – during a certain period (= risk horizon), which – with a previously defined probability (= confidence level) – will not be exceeded (an investor’s maximum potential loss on the value of an asset or a portfolio of financial assets and liabilities, based on the investment timeframe… read more »
In statistics, the ratio of vacancies to the labor force. – See unemployment rate, two-pillar principle. – Cf. ECB Monthly Bulletin of February 2002, pp. 33 f. (information content of the vacancy rate for monetary policy), ECB Monthly Bulletin of October 2010, pp. 52 f. (time series for the vacancy rate in the euro area)…. read more »
In Germany today, this term usually refers only to private schools and, more rarely, to universities (tuition fees). In older documents, fees for schools are also called instruction fees. – See Beleggeld, Fremdenschulgeld, Hörergeld, Mofageld, Oppidanengeld, Schreibschulgeld. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express… read more »