Month: July 2023
- Uncertainty EN
In general, doubt with regard to the occurrence of expected circumstances; incertitude: doubt as a state of being unsure of something; lack of clarity. - In …
- Submarine effect EN
Outsourced risks suddenly reappear in unexpected places. - This was very clearly demonstrated in view of the subprime In the summer of 2007, banks in the …
- Value date, and in older documents also valvation (value date) EN
A term frequently used by banks for the value date of entries, i.e. the date from which a credit or debit is made or interest calculation …
- Vehicle currency EN
A national means of payment preferred by issuers for issues worldwide; currently, practically the USD, EUR, CHF and JPY. - See dollarization, issue currency, value clause. …
- Underlying EN
Generally, to provide collateral for an unsecured debt; to secure a loan (hence: the physical or financial asset to which a creditor has a claim). - …
- Vacancy rate EN
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 …
- Imbalances, global (global imbalances) EN
As defined by the ECB - external positions of systemically important economies, - reflecting distortions - such as: persistent deficit in the balance of payments - …
- Value management (also referred to in German) EN
In terms of maintaining a portfolio, the attempt to sell components that are currently very highly valued due to special circumstances and to use the proceeds …
- Unisex tariff (gender neutral tariff) EN
The requirement to treat men and women equally in insurance. - See Bisextarif. - Cf. Annual Report 2003 of BaFin, p. 126 f., p. 175 f. …
- Underweight EN
In jargon, a designation that is equivalent to an urgent recommendation to exit an engagement. The opposite of a buy recommendation is called overweight (a recommendation …