Inflation – Das Los der Zukunft?
internationaler_wohlstandsausgleich (jung-stilling-gesellschaft.de)
Month: August 2026
automatic fiscal stabilisers
Automatic fiscal stabilisers are built-in features of public finances that cushion the economy as conditions change. When economic activity weakens, tax payments usually fall and transfers to households may rise, supporting incomes without a…
actual/360
Actual/360 is an interest-accrual method in which the applicable annual rate is applied to the outstanding principal for the number of days that have passed, with the resulting time fraction calculated using 360 as…
acceptor
An acceptor is the party designated to receive payment in a transaction, typically a business providing goods or services. It may authorize or complete the payment process using the applicable payment method, while the…
agency relationship
Agency describes a delegation in which an individual or organisation is empowered to represent another and make decisions within agreed limits. The represented party may define the scope of that authority, while the representative…
acquirer (card acquirer)
A card acquirer is a financial institution or payment service provider that operates on the merchant side of a card-payment network. It typically handles merchant onboarding, routes authorization and settlement messages, and enables funds…
Administrative Board of Review (ABoR)
The Administrative Board of Review (ABoR) is a five-person panel that offers an internal challenge procedure for certain supervisory measures issued by the European Central Bank under the Single Supervisory Mechanism. Acting under Article…
acquis communautaire
Acquis communautaire is the accumulated set of EU rules, standards, and institutional practices that a country must adopt and enforce when it joins the Union. It covers areas such as the internal market, trade,…
acceptance
Acceptance may describe either a system's decision to take a funds or securities instruction into its processing workflow, subject to applicable validation and resource requirements, or the handling of a payment card brand by…
aggregated MFI balance sheet
An aggregated MFI balance sheet presents the combined financial position of monetary financial institutions located in the euro area. Because transactions among these institutions are retained rather than netted out, the figures include both…