Journalization

A term frequently used in older financial language meaning – to keep the accounts à jour; up-to-date; – at the bank – and generally at a company – to enter incoming and outgoing documents in a diary (journal; journal). Recently sometimes also said – of daily reporting obligations of institutions and funds to the supervisory authority in times of financial crisis.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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