English

Unless otherwise defined, expenses incurred in installing/dismantling and transporting an item. – In banking, such expenses are incurred primarily when bank containers are set up at major events such as festivals, church conventions, sporting events, concerts, fairs and trade shows. For local institutes in particular, however, such an on-site presence is generally required. At the… read more »

Generally, the conversion of non-marketable assets of any kind into tradable securities (the process of converting nontradable assets into tradable securities.). – Banks bundle receivables from loans extended into debt securities that are sold to investors. – Banks issue certificates for foreign shares not listed on the domestic stock exchange, thereby making them tradable on… read more »

In the context of options contracts, the position after the delivery of goods or legally transferred futures contracts, before a credit entry has been made by the counterparty or an offsetting close-out has been effected by a futures contract. Covering a short position is also referred to as short covering. – See Dedicated Short Bias,… read more »

Official term for the insolvency of a private household. – See consumer credit. – Cf. Bafin Annual Report 2012, p. 32 (statistics; in 2012, around 98,000 cases with outstanding claims of EUR 5.4 billion) and the respective Bafin Annual Report, “Economic environment” section. Attention: The financial encyclopedia is protected by copyright and may only be… read more »

Term used in financial journalism, but rarely used in the language of monetary authorities, meaning that the supply of money is high; and usually because the central bank injects ample liquidity into the market. – See money, cheap, credit crunch, larghezza, liquidity provision, low interest rate policy, quantitative easing. Attention: The financial encyclopedia is protected… read more »

According to IAS 39, a credit balance in the income statement or a surplus of liabilities over assets in the balance sheet only had to be recognized when the loss actually occurred, i.e., when it materialized. The event triggering the loss (trigger event) could be waited for. In the course of the financial crisis that… read more »

In the psychology of money, a private household that immediately spends the money it has earned (a consumer wanting to spend the money earned at once). – See Wealth effect. 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 older documents relating to an investment, the principal willingness to make such an investment. However, the investor has not yet decided on a specific investment or/and on a specific point in time. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr…. read more »

The monetary value of expenditure by private households as determined by official statistics and broken down by groups of goods in the price index of the standard of living. – See procurement shifts, Harmonized Index of Consumer Prices, inflation measurement, composition effect, quality changes. – See the annex “Euro area statistics” to the respective ECB… read more »

In an institution, the ability to provide business and information to customers within a given framework. – See churn rate, accessibility, ease of use, relationship management, call center, container banking, remote access, automated teller machine, branch, fully automated, well-managed, intensive care unit, customer defense service, customer retention, customer service, customer care agent, service line. Attention:… read more »