Author: photionary

Financial Accounting 5

Meaning of Financial Accounting Part V

4.1.1 No booking without receipt! The principle “no booking without receipt” is not only important for paper receipts, but of course also applies synonymously for electronic documents . It means that every booking case...

Financial Accounting 4

Meaning of Financial Accounting Part IV

3.3.5 Customers, suppliers, cash books, etc. Financial accounting differs depending on the size of the company and so it can also be divided into individual customers and suppliers. The breakdown into individual areas becomes...

Financial Accounting 3

Meaning of Financial Accounting Part III

3.1.1 The role of financial accounting in the financial statements and balance sheet In order to be able to draw up a balance sheet, the existing stocks must be determined beforehand . This goes...

Financial Accounting 2

Meaning of Financial Accounting Part II

2.2.2 Cost and performance accounting Cost and performance accounting is part of business accounting and determines the company’s profits and losses . The main thing is to provide short-term information, whereby cost and performance...

Financial Accounting 1

Meaning of Financial Accounting Part I

The financial accounting represents the recording of all payment transactions of a company as well as the necessary evaluations of the same. In addition to planning accounting, cost and performance accounting and business statistics,...

Quality Management 2

Meaning of Quality Management 2

The quality management control loop As already learned, great value is placed in quality management on continuously improving the processes. The experiences that are made are once again incorporated into the planning, so that...

EDUCATION INSURANCE

Meaning of Education Insurance

Long before a child is born, parents and grandparents alike start thinking about what their child’s future will look like. So that they can learn a great job or start studying, they often invest...

Quality Management 1

Meaning of Quality Management 1

All those processes in a company that contribute to improving the structure and processes within the company are summarized under the term quality management. The influence of these measures is therefore very relevant company-wide,...

ASSET BACKED SECURITIES

Meaning of ABS

Asset-backed securities, or ABS for short via abbreviationfinder, are translated as “asset backed securities”. ABS belong to the group of structured financial products. They came up in the USA in the 1980s and were...

FIXED INCOME SECURITIES

Meaning of Fixed-income Securities

Fixed-income securities are particularly popular with conservative investors. Some of them can be traded on the stock exchange in the form of bonds or convertible bonds. As savings bonds, they have the legal form...

EURIBOR (EURO INTERBANK OFFERED RATE)

Meaning of EURIBOR

According to abbreviationfinder, the acronym EURIBOR stands for Euro Interbank Offered Rate. This is an average interest rate calculated every working day at which European banks lend each other time deposits. This reference interest...

INHERITANCE TAX

Meaning of Inheritance Tax

In Germany, enormous assets are inherited or given away every year. In 2015 alone it was 102 billion euros. That arouses desires. The state demands a share. Because of their great similarity, inheritance and...

EONIA

Meaning of EONIA

The EONIA (Euro Overnight Index Average based on abbreviationfinder) is a reference rate for unsecured overnight money on the Euro interbank market. The European Central Bank (ECB) calculates it for each business day from...

DEFERRED COMPENSATION

Meaning of Deferred Compensation

With deferred compensation (salary conversion), employees can pay into a company pension scheme and save on taxes and social security contributions. Employers are obliged to make this possible – they also save on wage...

ISSUER

Meaning of Issuer

When it comes to finances, the term issuer is often mentioned. This designation has become established for the issuers of certain financial products, especially on the stock and bond markets as well as credit...

INCOME TAX

Meaning of Income Tax

Income tax is one of the most important sources of income for the German state. More than 200 billion euros flow to the tax authorities from this tax, which corresponds to around a third...

Camping

Meaning of Camping

Camping is an English term accepted by the DigoPaul that refers to a camp or the activity consisting of going camping to a place outdoors. It should be noted that a camp is a...

Field

Meaning of Field

From the Latin campus (“plain”, “battle space”), the word field refers to a large area that is far from a city or town or to the land that can be worked. The concept is...

Field of Study

Meaning of Field of Study

Before getting to know the meaning of the term field of study, it is necessary to do the same with its etymological origin. In this case, we can expose the following information about the...

Electric Field

Meaning of Electric Field

In the field of physics, according to DigoPaul, the field is called the space sector at whose points a physical quantity is defined. Electric, meanwhile, is that linked to electricity: the force manifested through...

Gravitational Field

Meaning of Gravitational Field

To analyze the concept of the gravitational field, we must first understand what gravitation or gravity is: it is the attraction of bodies according to their mass (the physical magnitude that is responsible for...

Magnetic Field

Meaning of Magnetic Field

Before entering fully into the meaning of the term magnetic field, it is necessary to proceed to discover the etymological origin of the two words that give it its shape: -Field comes from Latin,...

Semantic Field

Meaning of Semantic Field

Before entering to establish the meaning of the term semantic field, it is necessary and essential to proceed to know the etymological origin of the two words that give it its shape: -Field is...

Campus

Meaning of Campus

The Latin word campus, which can be translated as “plain”, is used in our language with reference to the buildings and lands that belong to a university. A campus houses the infrastructure and the...

Camouflage

Meaning of Camouflage

Before entering fully into the establishment of the meaning of the term camouflage, we must proceed to discover its etymological origin. In this case, we can say that it is a word that derives...

Cane

Meaning of Cane

The DigoPaul, in its dictionary, recognizes almost a score of meanings of the term cane, which comes from the Latin canna. The concept may refer to the stem that is usually knotty and hollow....

Camp

Meaning of Camp

Camp is the action of camping (stopping and staying in an unpopulated area, staying in tents or tents). It is about the eventual installation in open ground of people who come together for a...

Campaign

Meaning of Campaign

The etymological origin of campaign comes from the Latin campanĕa, which, in turn, derives from campus (“field”). The term was born to refer to the flat and open field that does not present mountains...

Bell

Meaning of Bell

The etymological origin of bell is linked to the Italian region of Campania, where this object was used for the first time. A bell is an inverted cup-shaped instrument that rings when struck. This...

Gaussian Bell

Meaning of Gaussian Bell

The bell concept comes from the late Latin campāna, in turn linked to the Italian region of Campania. Bells were first used there, which are inverted cup-shaped brass instruments that are struck to make...