Univ.-Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.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 money that a company pays to someone who moves to a new area in order to work for the company. – See Relocation allowance, Allowance. Attention: The financial encyclopedia… read more »
In commodity futures markets, the stockpile of merchandise from the preceding harvest or production period. – See option, commercial, commodity futures contract. 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:… read more »
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 Section 3 № 3 of the German Banking Act (KWG). It is irrelevant whether the business is conducted on a commercial basis or not. Nor is any scope of… read more »
a procedure of the International Monetary Fund aimed at settling the foreign currency liabilities of over-indebted countries vis-à-vis private creditors. – See London Club, Prague Proclamation, debt restructuring. – Cf. 2002 Annual Report of the Deutsche Bundesbank, pp. 105 ff. Attention: The financial encyclopedia is protected by copyright and may only be used for private… read more »
The debts of an economic unit (company, household, government) exceed the assets (liabilities exceed the assets). – See deflation, bad, extensum, financial distress, insolvency, default, liquidity, manifestation, phthisis, debt sustainability, public debt, over-consumption, excess of liquidation, indebtedness, insolvency. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without… read more »
In general, an entity assuming a financial risk and receiving an underwriting fee in return; an insurance company. – In particular, a bank that – buys all or part of an issue from the issuer at a fixed price, thereby also assuming the risk that the securities cannot be fully placed on the market, or… read more »
German term for the Bank Lending Survey, which has been conducted in the euro area since 2003, usually in January, and the results of which are then published in the ECB’s February Monthly Bulletin with comments. – Cf. ECB Monthly Bulletin of November 2008, pp. 61 ff. (Reliability of survey results in turbulent times; overviews)…. read more »
An investment that produces a smaller return than other similar investments. – A share that underperforms the related stock index (a share that falls below the common run). – A company that performs below the average of its industry (a company if it does worse than the average return of its industry). – An underperforming… 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 »
In jargon, for a senior staff member in an institute and generally in an entity, who initiated a new project – mostly related to a controversial and labor-intensive undertaking. However, after the whole thing has started, he takes leave for a vacation or a long business trip, leaving the staff out in the cold. Quite… read more »