The revenue of the government in relation to the gross domestic product. and determined according to certain rules of national accounting – here mainly taxes, inflows from regalia and concessions, property income, charges, investment income, social security contributions. The higher the revenue ratio, – the narrower the part of the economy governed by market forces, – the more the financial sector is affected by it and – the more difficult the central bank’s task of safeguarding the measure property of money becomes. – See fiscal ratio, investment ratio. – Cf. corresponding figures for the euro area in the annex “Euro area statistics,” heading “Public finances” in the respective ECB Monthly Bulletin.
A place of business which forms a legally dependent part of a credit institution and which conducts directly all or some of the operations inherent in the business of credit institutions: A bank branch (a place of business which forms a legally dependent part of a credit institution and which conducts directly all or some of the operations inherent in the business of credit institutions); in Switzerland, formerly said mainly of branches of a cantonal bank in smaller places. – A licensed company that sells tickets of a state lottery company (licensed lottery collector). – In older documents, the term for a local tax authority; also called Amtsschaffnerei, Kassen- und Rechnungsstelle or Kollektur.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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