- 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.
Period in which the lead underwriter restricts insiders from selling their shares for a period of time, usually 180 days, from the effective date of the offering.
Industry:Banking
Combination of two or more financial instruments, at least one of which must be a derivative, to form a new investment product.
Industry:Banking
Exchange on which certain futures market products are offered. Eurex is an example of a futures exchange.
Industry:Banking
Also: call option. Option conveying the right to purchase the underlying. Opposite: put.
Industry:Banking
Loan granted against the pledging of securities as collateral (broker's loan) or against the pledging of goods (advance against goods as security). The costs of a lombard loan are calculated on the basis of the official or private lombard rate (rate for advances against collateral).
Industry:Banking
Also: portfolio management mandate. Limited power of attorney empowering the authorized agent to perform management and administrative acts, but not conferring any authority with regard to disposal. See also managed account.
Industry:Banking
Abbr.: CMBS. Security that is backed by the cash flows of a mortgage or pool of mortgages on commercial real estate. See also mortgage-backed security.
Industry:Banking
Contractual assignment of a debt to a new creditor with regard to either a single obligation or to individual specially designated obligations.
Industry:Banking
Interest in property that exists by contract as security for payment of a defined capital amount plus to a limited extent of interest and administrative costs over and above this amount. See also maximum sum mortgage.
Industry:Banking
Agreements are reached whereby all transactions are carried out in conjunction with a partner, with all profits or losses split equally between the parties.
Industry:Banking
