English

In monetary psychology, a private household that spends with the aim of gaining attention, prestige, prestige in the social environment through the purchase of goods. – See money man, money hat, money people, money bag, luxury money, luxury consumption. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes… read more »

Said on the Exchange of all orders that could not be executed by the close of trading; unless other instructions conflict and give the order validity beyond the close of trading (all orders not filled by the end of a trading day are considered unable and void, unless they are labeled GTC [Good Until Cancelled]… read more »

Unless otherwise defined, this refers to an economy with – only a less flexible labor market, – less competition on goods markets, – considerable barriers to market entry for new companies and – a less developed capital market. – In such economies, the investment ratio is lower, and thus productivity and consequently growth are also… read more »

A bank and in this context often called originator or originating bank – ties together a large number of credit relationships into a pool (portfolio), – separates the credit risk by means of credit derivatives before passing it on to investors – in larger packages (pools; bundles). Prior to this, – the originating bank transfers… read more »

Twelve-member board established at the Federal Financial Supervisory Authority to advise the agency on consumer protection issues. – See committee mania, consumer complaints, consumer protection forum. – Cf. BaFin Annual Report 2012, p. 17 (constitution of the committee; pp. 70 ff. (Europe-wide uniform guidelines on complaints). Attention: The financial encyclopedia is protected by copyright and… read more »

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 »