2023 July

Payment for the unforeseen but necessary – as especially on the occasion of low tide, high tide, storm at sea or on an order of port authority – transfer of cargo in the ship’s hull (hold). – See loading charge, load charge, transhipment charge. Attention: The financial encyclopedia is protected by copyright and may only… read more »

Planned technical and organizational measures within an institution aimed at preventing damage that may be caused by its own staff or malicious third parties. – See Minimum Surveillance requirements, whistleblowers. 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.,… read more »

In general, any cash payment to a recipient. – Form-related (form; input mask in Internet banking) payment order by a customer to his bank to transfer a certain sum to another account at the expense of his account (a payment order or perhaps a sequence of payment orders made for the purpose of placing funds… read more »

In old documents, a levy on – beverages for retail sale in general and – in some areas, on wine in particular; sometimes called wine detz. – See Detz, Trinkgeld, Verzehrgeld,, Zehnt. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard… read more »

In the financial sphere, a document required when dealing with certain assets (a legal document used to transfer the legal ownership in some assets). – See manzipation, mortification, registered securities, certificate. 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 »

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 central bank. – In Europe, those countries that officially use the EUR in their economic territory without the consent of the ECB. These are currently (2013) Andorra, Kosovo, and… read more »

Unless explicitly defined otherwise, this is the ratio of profit before taxes to sales within an accounting period. It thus indicates how many GE of profit a company has generated per GE of sales. A company with a high return on sales is CETERIS PARIBUS less susceptible to market fluctuations of any kind. – See… read more »

The withdrawal from an account in excess of the balance or line of credit granted by the bank (the amount of a paid check or other withdrawal exceeds the available balance in a checking account). – The extension of expenditures beyond the revenues in the budget (the amount by which expenditures and encumbrances exceed the… read more »

Unless otherwise defined, the percentage change in net sales from the previous period, usually compared to the previous year. – See assertion strategy, run rate, turnover. 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… read more »

A condition in which domestic final demand exceeds domestic production capabilities. This leads to domestic CETERIS PARIBUS inflation. At the same time, there is an increase in imports; and the exchange rate of the currency in question must fall as a result. – If the production bottleneck is not broken up within some time by… read more »