English

In older documents, a false report on the stock exchange with the intention of manipulating the price. – In relation to the financial market today said of – news spread en masse primarily via…

A notation made on an account record to show that a specific amount of money in the account is temporarily not available to the account holder. For example, the account holder has deposited a…

The legal owner of an asset. – In an option, one who has entered into a contract to buy (call) or sell (put) an asset. In a call, the option holder has the right,…

The owner of a security that is recorded on the books of the issuing company and then usually receives the interest due directly from the issuer in his account. – See registered share. Attention:…

A company that is generally legally independent (a legally independent entity), but whose shares are wholly or mostly owned by another entity (parent-subsidiary relationship, branch). – A company whose activity is aimed at acquiring…

control company): A company with the purpose of acquiring a permanent interest in legally independent companies in order to – influence their business policy or – improve its own earnings (a holding company owns…

In stock market parlance, a sudden down gap that – as experience teaches – immediately comes after a major rally. – See price range, price slump. Attention: The financial encyclopedia is protected by copyright…

Another name for dark matter (financial systems possess a kind of “negative energy” in the form of debt). – in jargon, an ill-informed employee at a bank who regularly claims that nothing has gotten…

The individual statement of assets and liabilities to be made for institutions for occupational retirement provisions. – See Retirement Assets Act, retirement provision institution, investor protection, qualifying period, civil service associations, contractual trust arrangement,…

In older documents, the extra money a seller makes by adding hollows to the offered goods that are not visible from the outside. Especially the baking craft and the sellers of faggots (a bundle…

Processing of banking transactions by means of electronic access by the customer. – Some experts predict high growth rates for home banking as a result of the transition from the “rotary phone generation” (telephone…

In general, the fact that – private households mostly prefer goods produced in their own country to imported goods (the preference by individuals for goods produced in their own country compared to imports); –…

In the language of German supervisory law, the country in which an institution’s principal place of business is licensed; see section 1(4) of the KWG. – See foreign bank, host country, banking supervision, European,…

The loan in the U.S. that predominantly triggered the subprime crisis, in which a house serves as collateral but has already been financed by a loan – usually from another bank. The institution issuing…

Considered by many to be the seed of the subprime crisis, this law was passed in the USA in 1975. It required banks and other lenders to maintain a database of their home loans.…

The sending of money by migrants (itinerant workers; guest workers; emigrants; emigrants) to the families or other agencies of their country of origin. – According to World Bank calculations, about USD 345 bn was…

Payment made in Germany after World War II (1939-1945) to soldiers returning from war captivity, stipulated in the Heimkehrergesetz of June 19, 1950, as immediate assistance for clothing and articles of daily use. –…

An address that accepts and pays a due debt instrument in general and a bill of exchange in particular for another. Attention: The financial encyclopedia is protected by copyright and may only be used…

In ancient documents, the payment to be made by a villein to the lord of the manor upon the transfer of land to another person, the poundage. The honorarium is a prelau- fer of…

Cavalry fee: former compulsory levy (mandatory levy) for – raising (recruiting, forming; recruitment) or – ongoing maintenance of army units on horseback (cavalry; cavalry). – A levy formerly imposed on private owners of (riding)…

Generally, a takeover bid in which the boards of the target company (acquiree: the firm that should be acquired) advise against accepting the offer because the offer does not contribute to the long-term advantage…

Generally, a takeover bid in which the boards of the target company (acquiree: the firm that should be acquired) advise against accepting the offer because the offer does not contribute to the long-term advantage…

An announced new issue of equities or bonds that is expected to be highly oversubscribed after its initial public offering. – A newly issued security which rises steeply in price after its initial public…

Unless otherwise defined, at an institute this is understood to mean a department, division or work group that – performs unsatisfactorily (unsatisfactory performance), – thereby disrupts the smooth running of operations (failure-free operation) and…

Employee at an institution who – receives incoming telephone customer inquiries (inbound calls), – provides answers and information from his or her own knowledge – but otherwise connects the customer to a corresponding employee…

Measure of labor costs per hour actually worked, including overtime. The calculation includes – gross wages and salaries in the form of cash payments or benefits in kind, – special payments, such as Christmas…

In economic terms, real output in relation to the hours worked by all employees. A change in this parameter has an indirect impact on the value of money, which is why central banks monitor…

In economic terms, real output in relation to the hours worked by all employees. A change in this parameter has an indirect impact on the value of money, which is why central banks monitor…

Said in older documents also in the sense of a particular business and especially also of an institution (banking house; banking house). – See establishment. Attention: The financial encyclopedia is protected by copyright and…

A widespread institution in early industrial England in which company employees were provided with housing in return for a deduction from their wages. Especially for workers in the German mining regions (Ruhr area, Saar…

Payment by (health) insurance to private households based on certain contractual benefit promises. – Monthly allocation that owners of condominiums have to pay to the management of the condominium (service of condominium), sometimes called…

Comprehensive and primarily survey-based statement of household assets and liabilities introduced by the ECB. – See non-response, household survey, travel-payments. – Cf. Deutsche Bundesbank Monthly Bulletin of January 2012, pp. 29 ff. (detailed presentation…

Unless otherwise defined, the statistically recorded assets owned by private households. There is a very clear inverse dependence of this measure with the consumer savings rate. Household net worth is therefore monitored by the…

Partially used term for private household. 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.…

Unless otherwise defined, in connection with a bank, all operations that must be performed before the public can begin. This includes, in particular, opening the doors, switching on the lights, starting up the monitoring…

The – rapid, sharp increase in the price of developed – sometimes including ready-to-build and undeveloped – land, – which cannot be explained by ordinary conditions of supply and demand in the real estate…

In relation to the financial market, a point at which masses of transactions (on a huge scale) meet and branch out. Nodes in this sense are primarily stock exchanges and central counterparties. Their characteristic…

In older documents, the rent to be paid by the settler (Hüfner; Hausgesessener, Bauern-Siedler) for the cultivation of manorial or communal owned land (hides; Hufen). – Hufe (also Hube; hide) is an old land…

from American English invaded term for a ridiculous sum, for an amount far below the expectations of the payee, as it were only a few grains (small change; a trivial or inconsequential amount of…

Unless otherwise defined, the personnel endowed with knowledge and skills of a bank and a company in general or an economy as a whole, often contrasted with physical capital (as to the personnel the…

In the past, a serf (villein) had to pay a fee in lieu of the obligation (Fron; soccage) to provide food for the feeding (Atzung) of the manorial hunting dogs. – The tax levied…

A tendency to take high risks in order to generate returns, particularly in an environment of low interest rates. – Insurance companies that have promised their customers a minimum interest rate get into a…

Earlier payment to redeem the obligation (Fron; soccage) of a serf (villein) to grant a hunting lord the hunting camp (hunting camp; also: Jagdablager genannt), namely to provide accommodation and food for – the…

Fee for permission to hunt in a given area, especially to holders of a hunting license not issued in their own country. – Payment by the hunter to the owners – individual owners or…

In older documents, the fine (monetary penalty) imposed on a poacher. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard…

The distribution of profits first to investors before management or other contractually entitled parties – often also the workforce through a bonus – share in the profits of a company or fund; also translated…

Destruction caused by hurricane-like cyclones that have a strong (long-term) economic impact on a country and, in the course of this, can also profoundly complicate central bank policy, especially due to the high demand…

Payment to an individual or group of individuals, such as newspaper editors, public or self-appointed consumer protectors, or extra-parliamentary pressure groups (a self-directed organization without public control that endeavors to influence public policy; those…

Payment to an individual or group of individuals, such as newspaper editors, public or self-appointed consumer protectors, or extra-parliamentary pressure groups (a self-directed organization without public control that endeavors to influence public policy; those…

In older documents also meaning hush money: a payment for someone keeping circumstances known to him secret. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without…

A tax (war tax; war tax, hostilitium) payable throughout the German Empire of the time in accordance with the War Tax Act of December 2, 1427, to oppose the Hussites. The Hussites were an…

Unless otherwise defined, an institution that is both dedicated to retail banking and a lender to corporations. – The term is often used in connection with stress tests. This is because a bank’s capital…

Capital components that have characteristics of both equity and debt. Due to its ability to absorb losses, this form of capital has considerable regulatory significance. Until the Capital Adequacy Directive came into force, hybrid…

Unless otherwise defined, a reduction in the purchasing power of money of more than fifty percent per month. This corresponds to an annual inflation rate of 12,875 percent. – Financial history teaches beyond doubt…

Term from IAS (a hyperinflationary country is one where inflation is both chronic and out of control), without specifying a particular percentage for hyperinflation. – IAS recommends that subsidiaries (subsidaries) in hyperinflationary countries prepare…

In the wake of the subprime crisis, Munich-based real estate financier Hypo Real Estate Holding AG (HRE) ran into difficulties in the last week of September 2008; the company was formed by a spin-off…

In ancient financial documents, an underground vault where money and precious assets were kept. – See treasury, treasury, treasury. Attention: The financial encyclopedia is protected by copyright and may only be used for private…

Regulations for determining the value of a property that came into force on August 1, 2006, from the German Federal Financial Supervisory Authority (BaFin). In principle, the determination of the mortgage lending value must…