- 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.
Long-term loans granted by the central mortgage bond institutions to their member banks to refinance credits secured by mortgage collateral.
Industry:Banking
Component of Switzerland's three-pillar pension system. While contributions to pillar 1 (state pension) and minimum provisions under pillar 2 (occupational pensions) are required by law (compulsory savings), pillar 3 pension plans are optional private schemes. They are divided into pillar 3a schemes (tax-privileged) and pillar 3b schemes (unrestricted access savings). For persons in gainful employment, payments into pillar 3a schemes are tax-privileged up to an annual maximum.
Industry:Banking
An indicator used to evaluate the trend in a share price, arrived at by dividing the current price by the price n days before.
Industry:Banking
In Switzerland: long-term loan granted by a central mortgage bond institution to one of its member banks as funding for loans secured by mortgages.
Industry:Banking
Swiss commercial bank under the sole or majority ownership of a cantonal government. They conduct the bulk of their business in the respective canton. Most cantonal banks are public-law corporations, but more and more are converting to public limited companies which are, as a rule, backed by a guarantee under which the canton assumes liability for all or part of the bank's obligations.
Industry:Banking
Market manipulation is the practice of using sham transactions, other transactions without an economic basis or simply placing orders with intent to create the impression of market activity or to distort supply and demand, share prices or the valuation of securities.
Industry:Banking
Indicates that the price of the instrument is equal to its face or nominal value. See also issue at par, par value price.
Industry:Banking
Exchange specializing in commodities / raw materials contracts. The major commodities exchanges are located in Chicago, London and New York.
Industry:Banking
An acceptance which varies from the terms of the bill itself, e.g. in that it calls for payment of only part of the amount. See also bill of exchange.
Industry:Banking
