English

Biting term for the fact that “vested interests are untouchable. Legislators find it extremely difficult to cut government spending even slightly in any field, such as social welfare, cultural promotion, education or defense. Monetary policy has to take this into account. – See Adjustment inflation, Monetary awareness, Budget pre-reconciliation, European, Semester, European, Sovereign debt, Sovereign… read more »

Often equated with loading fee, especially in older documents, namely the payment to be made for loading or unloading goods in port or also on land. – The charge levied on trucks transporting goods [CH: Camions] for forced carriage by rail, said with particular reference to Switzerland. – A certain percentage of transalpine heavy goods… 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 »

Anybody can report complaints about misconduct in the financial sector to the complaints office of the supervisory authority. – However, the Federal Financial Supervisory Authority acts solely in the public interest. It is therefore unable to intervene on behalf of the private legal interests of individual complainants or, like a board of arbitration, make binding… read more »

On the stock exchange, slowly advancing quotations. – See Severity. 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. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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 »

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 »

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 »