Tag: german

Bitcoin’s Role in the Financial System of Germany

Bitcoin has become an important player in the financial system of Germany. As a decentralized digital currency, it offers various advantages over traditional payment...

Handelsgesetzbuch (HGB)

What is 'Handelsgesetzbuch - HGB' A law that governs the primary commercial code for companies in Germany. Included in the law is...

Ifo Business Climate Survey

What is 'Ifo Business Climate Survey' A key monthly survey that measures the business climate in Germany. It is widely followed as...

Karl Marx

Who was 'Karl Marx' Karl Marx was a philosopher and economist famous for his ideas about capitalism and communism. Marx, in conjunction...

Ramp Up

DefinitionRamp up is a term used in economics and business to describe an increase in a firm's production ahead of anticipated increases in product...

Gazump

DefinitionGazumping occurs when a seller accepts an oral offer on the property from one potential buyer, but then accepts a higher offer from someone...

War Economy

DefinitionA war economy is the set of contingencies undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes...

Economic And Social Stabilization Fund (Chile)

What is 'Economic And Social Stabilization Fund - Chile' The Economic and Social Stabilization Fund is a government-owned investment organization that manages...

Karl Albrecht

DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...

Xetra

What is 'Xetra' An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra...

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