Category: Business

Unemployment Insurance

Unemployment Insurance 101

Abbreviated as UI by abbreviationfinder, unemployment insurance is a right for workers who have been released from work without cause and can be awarded for three, four or five months. The installments vary between...

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...

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...

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...

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...