|Legal transfer of a claim to a new creditor
|Premium, surcharge on the nominal issue price of a limited partner’s share
|Stock Corporation Act
|Distribution of liquid funds pro rata to investors. Under commercial and tax law, these are withdrawals or profit distributions.
|A ring-fenced credit institution used to isolate derivatives and securities from issuers looking to deal with a difficult financial situation and to segregate so-called distressed banks in need of credit restructuring.
|Federal Financial Supervisory Authority
|Federal Fiscal Court in Munich, the court of last resort over tax and customs matters
|German Civil Code
|Federal Court of Justice
|Federal Ministry of Finance in Berlin
|Federal Constitutional Court in Karlsruhe
|An economic measure that represents the net inflow of cash and cash equivalents generated from sales and other operating activities over a defined period.
|Direct limited partner
|A limited partner who participates in a company directly via the commercial register and not via a trustee.
|Detailed analysis, review and evaluation of an asset or company to be acquired or sold.
|Financial resources belonging to the owners (e.g. shareholders)
|Inheritance Tax Act
|Income Tax Act
|Court of Justice of the European Union
|European Central Bank
|Financial resources made available by third parties over a specified period of time, e.g. loans from banks.
|Tradability. In the case of fund companies, the possibility of selling and transferring limited partnership shares.
|Trade Tax Act
|GmbH & Co. KG
|Special type of limited partnership (KG) governed by the German Commercial Code (HGB). The liable partner is not a natural person, but a limited company (legal entity).
|Limited Company Act
|German Commercial Code
|Percentage of the total liabilities that can be settled from a final surplus when the insolvency proceedings are concluded.
|Limited partner is the term for a partner in a limited partnership (KG). In comparison to a general partner, the limited partner is liable to the company’s creditors for the amount of the share capital entered in the commercial register.
|The general partner is a member of a business partnership who has unlimited personal liability for debts incurred by the business.
|The total share capital of a company. In a limited liability company (GmbH), the nominal capital is referred to as share capital.
|Non-Performing Loans (NPL's)
|The term refers to bank credit requirements that are no longer serviced by debtors.
|Per annum (per year)
|Legal representative, e.g. lawyer, solicitor, attorney
|Act on Out-of-Court Legal Services
|German Value Added Tax Act