Aestimator (estimator)
In older financial language, a person – who appraises the value of assets, an appraiser, or – an expert who calculates the cost of a project (one who is competent of predicting the probable…
Sprachbestand des Finanzlexikons
English
8,220 veröffentlichte Finanz- und Wirtschaftsbegriffe in dieser Sprachkategorie.
Establishing country
In the language of German supervisory law, the country in which an institution maintains a branch outside its home country or operates by way of cross-border services¸ see Section 1, Paragraph 5, KWG. –…
supervisory triangle
In Germany, this refers to the fact that banks are supervised – by auditors, – by the Federal Financial Supervisory Authority, and – by the Deutsche Bundesbank. A more precise delineation of powers and…
Supervisory harmonization, European (European supervision harmonisation)
Uniform regulations (single rule book) with regard to supervisory authorities in all EU countries. First and foremost, it should be established that the supervisory authority can act free of interference from politics and business.…
Call announcement and phone call pre-announcement
A letter sent by a financial services provider to potential customers announcing a telephone call (a personal call by an employee). The supervisory authority considers this procedure to be prohibited cold calling. – Cf.…
The term “Ankreiden” (taking on credit, chalking up)
In the German retail trade, widespread until about 1950, not yet completely extinct and, according to economic history, a very old habit of mainly poorer private households to pay later for purchased goods. The…
Share right
Generally, a claim to a fraction of an asset. – In national accounts, a liability item, namely securities issued by domestic enterprises and held by foreigners. – See share, security. – Cf. Monthly Report…
Application-driven (by application)
Technical term from supervisory law. In this case, an institution requests the supervisory authority to review its business operations as a whole or individual processes to determine whether all activities comply with the legal…
Appropriation clause
Money appropriated (by a public treasury; by a bank) may only be used for the purpose for which the payment was made. Use for other purposes is not permitted. – See earmarking. Attention: The…
Insurance
The insurance industry as a whole, or the market for insurance services. – An individual insurance company. – See insurance. Attention: The financial encyclopedia is protected by copyright and may only be used for…