English

Securities have a lower market value when the market interest rate is high; it does not pay to sell them and thus create money. Holders of the securities therefore wait until the interest rate…

The increase in the volume of trade in a monetary community – such as the euro area – exceeds the amount that can be arithmetically attributed to the elimination of foreign exchange risk. –…

Social psychology teaches and experience shows that – a group of a certain size – changes in its relationships in a variety of ways, – which, in the case of decision-making groups, is simultaneously…

The estimated expenses for a project in general and for an engagement on the financial market in particular. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes…

The estimated expenses for a project in general and for an engagement on the financial market in particular. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes…

Generally, any investment that appreciates in value when other assets lose value at times of high uncertainty. – See bond, index-linked, appreciation pressure, euro flight, financial island, flight money, investment, safe, money home, money,…

For coins of precious metal, the heaviness of the whole coin; in contrast to fineness, which denotes only the proportion of precious metal (grain). – See money, wicked, money, heavy, coin paradox, wardein. Attention:…

This term is used to describe various phenomena. – A state offers special incentives to attract foreign direct investment. Investors then contribute their capital to a foreign company. The latter then makes the investment…

In the past, there were repeated disputes between banks and customers over the rounding up of (invoice) amounts. Today, the so-called half-adjust procedure has been introduced internationally. This is a method of rounding in…

Body for the regulation and supervision of microinsurers, primarily in Germany the mutual and cooperative insurance associations. – Cf. BaFin Annual Report 2007, p. 69 (preparation of a guide for the supervision of microinsurers).…

Payment system in real time, meaning that each transaction is continuously processed and settled in real time (settlement system in which processing and settlement take place on a transaction-by-transaction basis in real time). –…

Extraordinary levy imposed in Germany on all income and corporate taxpayers on the occasion of the occupation of the Ruhr by Belgium and France on January 11, 1923. – See Dawes bond, London debt…

The abandonment of a company’s business activity (business activity) forced by special circumstances. – See bankruptcy, insolvency, insolvency costs, bankruptcy, reorganization, player bankruptcy. Attention: The financial encyclopedia is protected by copyright and may only…

Under the Sarbanes-Oxley Act of 2002, company CEOs are personally responsible for ensuring that internal control systems meet the very strict requirements of the law. Auditors must screen and attest to the company’s own…

Expert bodies, advisory boards, committees and commissions that propose rules (standards) for procedures in the financial market. These are then introduced by legislators or supervisory authorities as generally applicable rules. Standard setters in this…

to spare, and monia = money): In relation to science in general and thus also to monetary theory, widely accepted guiding principle. According to this, only a few assumptions and variables should be used…

to spare, and monia = money): In relation to science in general and thus also to monetary theory, widely accepted guiding principle. According to this, only a few assumptions and variables should be used…

In accounting and supervisory law, individual rules that are binding (a list of detailed rules that must be followed when preparing financial statements). This always has the disadvantage that such precise instructions create an…

In relation to the financial market, the deliberate and planned spreading of gossip with the purpose of – strengthening the reputation of one’s own company – for example: the Bahrain sovereign wealth fund will…

The immediate, precipitous withdrawal of deposits from a single bank or from credit institutions as a whole, which can plunge the economy into a depressive maelstrom. The cause of a run is always a…

A forecast of a company’s results based on the success achieved to date (how the financial performance of a company would appear if one extrapolated current results out over a certain period). Although the…

A very sharp rise in price within a relatively short period of time, in relation to a single security (a substantial increase in the price of securities over a relatively short period of time),…

Formerly a payment for admission to the Bäuert, namely a cooperative association of farmers with the aim of achieving the best possible use of the existing scarce farmland of an Alpine district (Alpine district:…

The same-directed action of investors who try to reduce their positions at the same time in times of crisis. This reinforces a financial crisis. Experience shows that especially very risky exposures are quickly weeded…

Bonds in kind denominated in the monetary value of certain weights of rye. These were issued in Germany during the inflationary period by Roggenrentenbank AG, which was set up for this purpose in the…

In former times, the obligation (soccage) to deliver rye to the lord of the manor on the part of the serf (villain). – See rye duty. Attention: The financial encyclopedia is protected by copyright…