- Industria: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
The conversion parity shows investors how much a stock will cost them if they exercise their conversion right. Conversion parity = nominal value x price / number of shares per convertible bond +/- payment per share.
Industry:Banking
(1) Direct investment in individual securities instead of, for example, in funds.
(2) Capital export, i.e. by acquiring, establishing or making a strategic investment in companies abroad.
Industry:Banking
Part of a company's annual report consisting of the balance sheet, the profit and loss account and the notes. Banks with total assets of CHF 100 million or more which transact a significant amount of balance sheet business are also required to produce a cash flow statement. Annual financial statements are intended to enable as reliable an assessment as possible of the company's asset and earnings situation.
Industry:Banking
An account which must be opened when concluding futures contracts so that the margin required for these transactions can be paid into it. See also initial margin, maintenance margin and variation margin.
Industry:Banking
An endorsement whereby the endorsee is given only the full authority to collect a debt, without transfer of ownership. The endorsee may also pass on the security in his turn, but only by way of a further collection endorsement.
Industry:Banking
Assets or capital which are immediately accessible or transferable into cash.
Industry:Banking
(1) Securities trade: obligation arising from new purchases of securities. Also a designation for the entire securities portfolio of an investor or group of buyers.
(2) Lending business: the credit liability which a bank has assumed in regard to a customer or borrowing country.
(3) When an investor exposes assets to the influence of uncertain variable (risk factors), the assets are exposed to these factors.
Industry:Banking
Abbr.: PPP. «Effective» external value of a currency determined by comparing different countries' relative price levels. For example, a basket of goods costing USD 100 in the United States and CHF 160 in Switzerland would give a parity rate of CHF 1.60 per USD. Proponents of PPP theory hold the view that an exchange rate will move in the direction of purchasing power parity over the long term or at least reflect the differing price trends.
Industry:Banking
Also: non-interest business. Transactions conducted by the bank which are not reported in the balance sheet. Under Swiss law these include contingent liabilities (e.g. guarantees), irrevocable commitments, liabilities for calls on shares, commitment facilities, open derivatives contracts and fiduciary transactions. These transactions must be reported separately below the line and underpinned by equity capital. Bank services such as investment counselling, asset management, securities trading and payments also fall under off-balance-sheet operations.
Industry:Banking
Options of the same option class and with the same expiry date, but with different strike prices.
Industry:Banking
