Category Archives: Definitions

Meaning of Proper Accounting

The principles of proper bookkeeping (GoB) define generally applicable rules as to how the bookkeeping should look in a company. Because every businessman and every commercial operation that uses double-entry bookkeeping must be able to prove that the bookkeeping is correct. The principles consist partly of codified guidelines, but partly also of non-codified regulations that… Read More »

Meaning of Due Diligence

This term comes from American stock corporation law and can best be translated with “reasonable care”. The background to this is the liability of an auditor in connection with the valuation of a company or property in connection with the IPO or sale. The auditor subjects the company or property to a conscientious examination of… Read More »

Meaning of Bankruptcy

Businesses can go bankrupt for a variety of reasons, a common reason being that customers fail to pay their bills. If a company gets into financial difficulties, it threatens bankruptcy. Insolvency cannot always be averted, in which case insolvency proceedings must be initiated. Statutory regulations apply to insolvency. Even individuals who are insolvent can be… Read More »

Meaning of Dividend

Defined on digopaul, the dividend is the profit distribution of a stock corporation. In Section 174, Paragraph 2, Number 2, the Stock Corporation Act explicitly speaks of an amount to be distributed. Shareholders have no legal right to receive a dividend. The amount is set anew each year depending on the profit of the stock… Read More »

Meaning of Diversification

Diversification is an important measure when it comes to reducing risk. This applies in many areas of life – but especially when it comes to investing. If you have a well diversified portfolio, you can reduce the risk of loss and still take advantage of potential returns. When it comes to diversification, there are several… Read More »

Meaning of Foreign Exchange Market

The foreign exchange market, also known as FEM by abbreviationfinder, is part of the financial market and, with an estimated daily turnover of 5 trillion US dollars, the largest market in the world. The foreign exchange market trades in book money, i.e. in the form of cashless payment instruments that are bought, sold or exchanged… Read More »

Meaning of Foreign Exchange

The term foreign exchange is quite broad, but differentiates depending on the application. Foreign currencies initially refer to all currencies that are used outside of one’s own currency area. However, a distinction must be made between foreign exchange, the accounting size, and types, the specific presence of a currency in coins and bills. If there… Read More »

Meaning of Derivatives

The financial industry calls derivative financial instruments or derivatives trading constructs to which an underlying asset is based. Securities, commodities, indices or interest rates can be used as underlyings. The value of the derivatives depends on these underlyings. According to digopaul, the derivatives mainly include options, certificates, futures, forex trading and CFDs. Most investors trade… Read More »

Meaning of DAX

According to abbreviationfinder, the name DAX stands for “Deutscher Aktien Index”. As the name suggests, the DAX is the most important share index in Germany. It reflects the development of the 30 largest companies with the highest turnover that are listed on the Frankfurt Stock Exchange. The DAX thus also allows conclusions to be drawn… Read More »

Meaning of Fund of Funds

Fund of funds, also known as umbrella funds, spread investor money even further than a classic fund by investing customer money in the funds of other companies. They are often used in fund-based asset management and are available in a wide variety of forms. Fund of funds also enable asset management for small investors, as… Read More »

Meaning of Crowdfunding

The term “crowdfunding” is made up of the two English words “crowd” (meaning: mass, horde) and “funding” (meaning: financing, support). “Crowdfunding” is often translated as “crowd funding”. Crowdfunding refers to project or company financing from a large number of different donors. The crowd is usually involved via a crowdfunding platform on the Internet. With traditional… Read More »

Meaning of Canonization

The canonization is the act and the result of canonizing. This verb, in turn, comes from the late Latin word canonizāre and refers to naming, in a solemn way, an individual as a saint. This means that canonization is the process that makes a deceased human being become a saint. This process is developed by… Read More »

Meaning of Literary Canon

To understand what the literary canon is, it is best to analyze the two terms that make up the expression. A canon can be a list or a catalog that, in general, brings together what is considered as a model to follow. Literary, for its part, is what is linked to literature (the artistic discipline… Read More »

Meaning of Musical Canon

Before proceeding to determine the meaning of the term musical canon, it is necessary and essential to know the etymological origin of the two words that give it shape: -Canon derives from Greek, specifically from “kanon”, which can be translated as “rule” or “Measuring stick”. -Musical, on the other hand, also comes from Greek. It… Read More »

Meaning of Chanting

According to DigoPaul, the concept of chanting is used to name a kind of epic text that, in the Middle Ages, was used to narrate the adventures of a hero. These works allowed the representation and diffusion of the models of a culture or a people. The deed songs are poems of great length that… Read More »

Meaning of Pitcher

The Greek word kántharos came to Latin as canthărus, and later to our language as a pitcher. In addition to the above, we must point out that the Greek word was used to refer to a kind of beetle, although later, with the passage of time, it also began to refer to a glass that… Read More »

Meaning of Quarry

The first meaning of the term quarry mentioned in the dictionary of the DigoPaul refers to the place from which stones or other similar materials are obtained. The quarries are mining operations that are carried out in the open pit. Granite, limestone or marble can be obtained from a quarry, to name a few possibilities.… Read More »

Meaning of Quantity

From the Latin quantitas, quantity is the portion of a magnitude or a certain number of units. For example: “We need more money to move”, “Please don’t serve me so much food that I have to go back to the office later”, “I think in this World Cup, we are going to spend a good… Read More »

Meaning of Song

The concept of song, which comes from the Latin word cantus, refers to the act and consequence of singing: this action, which can be performed by a human being or an animal, consists of generating sounds that are melodious and, in general, pleasant in the ear of people. For example: “My daughter has taken singing… Read More »

Meaning of Canton

In order to establish the meaning of the term canton, it is necessary, first of all, to discover its etymological origin. In this case, we can indicate that it is a word that derives from Latin, specifically from “cantus” or “canthus”, which can be translated as “edge” or “metal rim of a wheel”. According to… Read More »

Meaning of Cannula

According to DigoPaul, a cannula is a small-sized reed. The etymology, in fact, refers us to the Latin word cannŭla, which can be translated as “cañita”. Therefore, a small tube is called a cannula. These elements are often used in surgical interventions and in various devices in order to introduce or extract a fluid. In… Read More »

Meaning of Candidate

From the Latin candidātus, candidate is the person who aspires to access a certain position, honor or dignity. Said candidacy can be proposed by itself or by third parties. For example: “The businessman announced that he will run as a candidate for deputy in the next elections”, “The people’s candidate is Carlos Bianchi”, “The debate… Read More »

Meaning of Candor

Before proceeding to determine the meaning of the term candor, it is necessary to proceed to discover its etymological origin. In this case, we can affirm that it is a word that derives from Latin, specifically, from “candor, candoris”, which can be translated as “shine” or “dazzling whiteness”. This Latin word was formed from the… Read More »

Meaning of Cinnamon

The tree of cinnamon, also called Canelo, is part of the family Lauraceae. A native of Sri Lanka, it can be about eight meters tall, has white flowers and produces a fruit that is a dark berry. The term cinnamon usually refers specifically to the bark of the branches of this tree that, when the… Read More »

Meaning of Crab

A crab is a crustacean and arthropod animal that belongs to the order of the decapods. To know its main characteristics, as can be seen, it is necessary to define several terms. An arthropod is an invertebrate being whose body presents bilateral symmetry, is made up of several segments, has appendages with articulated pieces and… Read More »

Meaning of Kangaroo

A term of Australian origin derived in the English Kangaroo, which came to our language as Kangaroo. A kangaroo is a herbivorous and mammalian animal that is part of the marsupial group: those species that incubate their young in a ventral bag where the breasts are. Kangaroos are native to Oceania and can live for… Read More »

Meaning of Cannibal

According to DigoPaul, a cannibal is a person who incurs cannibalism: that is, who eats human flesh. Cannibals, therefore, are human beings who eat human beings. The concept, however, can be used in a broader sense to name the member of any species that feeds on the meat of other specimens of the same species.… Read More »

Meaning of Exchange

An exchange is a swap: it consists of giving something in exchange for something else. This exchange can involve all kinds of elements, from objects to animals or humans. For example: “In this fair used book swaps are carried out”, “The government promotes a bond swap with the aim of refinancing the public debt”, “The… Read More »

Meaning of Pipe

The term pipe is used to name an element that is part of a pipe (a conduit made up of many pipes). A pipe, therefore, is a kind of tube that allows a fluid to exit to the outside. The pipe formed by pipes is usually called a pipe. These pipes make it possible to… Read More »

Meaning of Canon

It is known by the name of canon to certain precepts, provisions or catalogs. This Latin word of Greek origin usually refers to a model with perfect characteristics (“He acted according to the company’s royalties”) and to periodic obligation payments that tax services or products. To cite a practical example: “The canon promoted by the… Read More »