July 2023 - Page 25 of 823 - Dr. Gerhard Merk

Means of payment in foreign currency. – Value of the money of a country or currency community such as the euro area in relation to the value of the money of other countries. – In the case of a bank, the value date on which a movement is posted to a bank customer’s account. –… read more »

Enterprises owned by public authorities that provide goods on a non-profit basis, such as the provision of water and the disposal of wastewater. – According to the legal definition in Art. 106, para. 1 TFEU, “any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership… read more »

As a doctrine of coherent statements about how to plan and control the flow of money in a company in the most advantageous way (area of business science dealing with the financial decisions corporations make, and the tools used to realize, to accomplish such decisions). As a course of action, all activities aimed at securing… read more »

“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 »

Generally – the reduction of costs by favorable procurement and – with banks particularly the advantageous purchase of the titles and precious metals intended for the resale. – See Waste Watcher. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk,… read more »

Prohibition imposed by the supervisory authority and usually also publicly announced – of the activities of persons or companies on the financial market as a whole or in individual sectors or – of mergers and acquisitions that do not comply with the statutory provisions. – In Germany, a prohibition as defined in Section 37 of… 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 stock exchange parlance, a buy or sell transacted at a more favorable price than an immediately preceding transaction in the same security (an exchange transaction in which a buy or sell of a security occurs at a price higher than the previous trade). Attention: The financial encyclopedia is protected by copyright and may only… read more »

Unless otherwise defined, the net cash inflow from ordinary activities and other current activities within a period (as per IFRS: quantifiable by adding to net income depreciation, amortization, and impairment losses, the net result of asset disposals, and the net result of extraordinary events). – See Cash flow, Return on sales. Attention: The financial encyclopedia… read more »

A special form of asset-backed securities in which corporate sales are securitized. This form of financing is particularly widespread in the United Kingdom, where trade chains in particular raise new capital through such asset-backed securities. – Tertiarization. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express… read more »