English

The payment to the owner of a ship (in a broader sense sometimes also said of other property) from a neutral state as compensation for seizure by a belligerent power. – According to the…

A committee composed of the various experts of a capital management company, bank or insurance company that meets regularly to discuss purchases and sales of securities and other assets (such as investments, precious metals,…

Anyone who places money on the financial market with the intention of making a profit (someone who commits money in order to gain a profit). – In German, the word “Investor” is usually associated…

Term for a debt security that equals market conditions at the time of issuance. The issue price is one hundred percent and the interest rate is equal to the market rate. – In the…

The ratio of operating income (= the quantity of goods and services produced in a period valued in monetary terms; for an institution, roughly the sum of net interest income, net fee and commission…

The frequency and extent of monetary policy actions taken by a central bank within a given period. – See code words, forward guidance, guidance, verbal, open-mouth policy, fuzziness, constructive. – Cf. ECB Monthly Bulletin…

Program trading on the stock exchange, whereby – computers controlled according to financial mathematical models – continuously monitor prices automatically, – if necessary, automatically initiate buy or sell orders and – forward the orders…

Formerly a payment to a group of citizens (Allmandberechtigte) from the proceeds of the assets owned by the municipality (forests, meadows, peat): the Allmandgut. Attention: The financial encyclopedia is protected by copyright and may…

Share certificates issued by U.S. banks and representing shares in foreign companies (negotiable instruments issued by a U.S. bank and representing the shares that it has acquired in a foreign company listed on a…

(Mandatory) announcements distributed by (listed) companies, which – cast in linguistically ambiguous phrases or circumlocutory formulations or (more and more frequently) – are filled with a lot of meaningless talk, enriched with irrelevant statements…