Day on which, in fulfillment of a futures contract, the actual delivery of the underlying takes place.

That month in which the last day of trading for a particular future is situated and where it finally comes to the settlement of the future transaction .

risk factor of options expresses, how much the price of an option changes, if der value of the underlying increases by one unit e.g.: call EURUSD with delta of 0.35 (resp. 35%) meaning: if EURUSD increases by 1 USD ct the price of the option increases by 0.35 USD ct the value of delta is always between 0 and 1 (resp. -1)

The change in operating excess profit. Therefore it is the value created in a given period.

Balances for which the maturity or notice period is not fixed.

Monetary policy instruments of the ESCB, which offers banks the possibility of assessing central bank money overnight at the national central bank at a predetermined interest rate. The interest rate on this constant facility provides the lower limit for the overnight rate, and is therefore one of the key interest rates of the ESCB. As part of the money market operations by the federal bank, this function was taken over from the discount rate earlier.

Deposit-taking businesses are all deposits of the bank. The customer leaves his money to the bank. In return the bank will pay him interest. These transactions are recorded on the liabilities side of the bank's balance sheet.

abbr. American Depository Receipt (ADR)

Deposits at notice funds have a fixed period of notice. A disposition of the funds is therefore possible only after cancellation and expiry of the notice period. In case of deposits at notice the interest rate is variable, unless stipulated otherwise. Interest will be credited after termination or maturity.

A contract where the price is depends on or is derived from one or more underlying assets. The derivative itself is merely a contract between two or more parties. Its value is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes. Most derivatives are characterized by high leverage.

an instrument which is derived from underlying instruments,basically there are two types: forward contracts and option contracts

The term is used under Basel II's discussion of purchased receivables. Dilution risk refers to the possibility that the receivable amount is reduced through cash or non-cash credits to the obligor

Direct costs represent decentralized and centralized unit costs.

In a self-emission the issuing entity is independent endeavor to place the securities in the market.

Legislation (eg the European Community), which is addressed to the Member States and the obligation to achieve certain goals. Example: EU directives on capital adequacy

price of a bond which contains accrued interests,The dirty price is that price which has to be paid if a bond is purchased.opposite: clean price

Amount by which an instrument sells under par.

Calculation of the present value of a future amount is done in reverse direction as the discounting.

by means of the discountfactor a future value can be converted into a present value,This can be done, by multiply the future value by the discountfactor. The discountfactor can be derived from the zero-coupon rates.

instruments issued at a discount and redeemed at the nominal valueThe yield results from the difference between purchase price and redemption. Discont instruments are t-bills, bill of exchange, commercial papersper contra: couponinstruments are issued at the nominal value and paid off at nominal value plus interest