- 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.
Units of investment funds may be sold back to the fund management company on a daily basis at their current redemption price. Exception: real estate funds.
Industry:Banking
The general tendency of a market to move in a certain direction (e.g. price developments on a stock exchange or forex market).
Industry:Banking
The percentage increase in a given value (e.g. real GDP) over a certain period of time (usually one year).
Industry:Banking
Purchasing power of a domestic currency unit abroad. The external value is generally taken as the reciprocal value of the exchange rate.
Industry:Banking
The takeover of specific business units or of an entire company by an outside investor or management team.
Industry:Banking
Collective term for the elements gold, silver as well as the group of platinum metals: platinum, palladium, iridium, rhodium, osmium and ruthenium. Precious metals are characterized by their chemical durability, valuable physical properties and attractive appearance. Only gold, silver, platinum and palladium are used for capital investments; they are traded worldwide around the clock in spot and forward markets. Precious metal options serve as hedging instruments.
Industry:Banking
The price quoted on an options exchange to buy or sell an option. See also option transaction.
Industry:Banking
(1) Option strategy comprising two puts and one call on the same underlying with the same strike price and expiry date. See also strap.
(2) Stripped US Treasury zero bond created by separating the corpus, or bond principal, from the interest coupons. Issued by American investment banks under various designations (CATS, TIGR).
Industry:Banking
Abbr.: CDO. Bond that is secured by a diversified debt portfolio. A collateralized debt obligation is generally divided into different tranches with different credit ratings.
Industry:Banking
