English

In connection with cash card transactions, the negative response to an authorization request from the card-issuing bank. An application authentication cryptogram is created and stored to filter out conspicuous card users. – See authorization,…

Generally, the removal of a legal obligation by law (such as: peasant relief; abolition of serfdom) or by payment in money, as in easements. – The replacement of an existing loan with a new…

The transfer, the transfer of money from a bank to a borrower under a loan agreement, loan commitment, or line of credit. – See call term, call risk, downside risk, account, auto-balanced, forward risk,…

At a bank, the risk that – borrowers draw on credit lines granted to them in an unplanned manner (in lending business) or – customer deposits are withdrawn to an unexpectedly high extent (in…

at the ECB, the date on which a trade (i.e. an agreement relating to a financial transaction between two counterparties) takes place. – This date may coincide with the settlement date for the transaction…

Levy with tariff-equivalent effect. In certain cases, and especially in the case of agricultural products, the levy is intended to equalize the difference between the import price of a product and the domestic price,…

Percentage, determined at the ECB, of the sum of debt securities issued with an agreed maturity of up to and including two years and of money market paper which may be deducted from the…

Account, settlement. – Access authorization to an IT system. – Report, description, presentation. – See financial language. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without…

In older financial language meaning to turn an object into money, to silver something (to convert into cash a thing). The word derives from the Latin word AES, AERIS = metal, and here in…

In older documents, the addition to an amount of money (money added to an amount), usually in connection with contract negotiations and auctions. – See action. Attention: The financial encyclopedia is protected by copyright…