Month: July 2023
- Moving allowance (relocation expenses) EN
A sum of money that a company pays to someone who moves to a new area in order to work for the company. (a sum of …
- Non-cash institution EN
A jargon, but unofficial, term for a bank from which a customer cannot withdraw cash from his or her account. Such companies are generally prohibited under …
- Turnover risk EN
The possibility that revenues from the sale of goods or, in the case of a bank, revenues from services provided will fall, contrary to internal forecasts …
- Unknown, known unknowns EN
After 2010, this term was also used in financial jargon to describe expected events whose exact direct and indirect impact on the economic cycle and especially …
- Unbanked (also used in German but with different meanings) EN
Economic entities that do not have an account with a bank (persons not served by a bank). According to estimates in the USA, around 23 million …
- Relocation loan (often abbreviated to relo) EN
A loan extended by a company to a newly hired employee who is moving to the place of employment; often with the purpose of enabling the …
- Circumstances affecting valuation EN
According to the definition in § 2 of the German "Verordnung zur Konkretisierung des Verbots der Kurs- und Marktmanipulation (KuMaKV)" of November 18, 2003, this includes …
- Exchangeable bond EN
Special form of convertible bond. In the case of a convertible bond, the investor is granted the right to exchange it for shares in the issuer …
- Unauthorized members EN
In the technical jargon of the financial world, generally states that introduce their currency as an official means of payment without the consent of the responsible …
- Debt restructuring bubble EN
Period in which a large number of borrowers terminate loans they have taken out and take out new loans on more favorable terms. This always happens …