- 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.
Credit granted for the financing of fixed assets, i.e. property, plant, machines, equipment, etc. Current assets are financed with a working capital credit.
Industry:Banking
Also: variation margin. Minimum level to which a margin account for a futures contract is allowed to shrink during the term to maturity.
Industry:Banking
Loans and advances to members of the Board of Directors, the Executive Board or the internal auditors, as well as to any companies controlled by these persons.
Industry:Banking
Also known as the ring representative. Formerly the broker of a ring bank who traded securities on a stock exchange using the à la criée method. See also ring, broker.
Industry:Banking
A specific segment of the lending market. Typically, subprime products (e.g., loans, mortgages, or credit cards) are directed at persons with blemished or limited credit history who do not qualify for the prime market. These products usually carry a higher rate of interest than prime products to compensate for increased credit risk.
Industry:Banking
A registered share which can only be transferred subject to restrictions. Its purpose is to provide better protection against an undesired change in the share capital structure. See also restricted transferability.
Industry:Banking
Also: closed safekeeping account. Safekeeping account where valuables or documents are deposited, as a rule wrapped and sealed, exclusively for safe custody. Opposite: open safekeeping account.
Industry:Banking
Checking value-at-risk calculations and investment and hedge strategies against historic data. Backtesting enables the robustness of models to be tested under market conditions.
Industry:Banking
Also: capped FRN. Floating rate note with a maximum interest rate. See also cap.
Industry:Banking
Spread applied by banks, determined by transaction costs plus a profit margin.
Industry:Banking
