- 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.
Coin minted from gold or gold alloys. Some gold coins are still valid as legal tender. In practice, however, all gold coins are traded at their market value, which is subject to continual fluctuations. Bullion coins have a market value broadly in line with their gold value.
Industry:Banking
Also: overheated economy. A situation in which the economy grows rapidly, resulting in production bottlenecks and inflation. See also economy.
Industry:Banking
A share made out in the name of the owner who is entered in the company share register. Opposite: bearer share.
Industry:Banking
Also referred to as a corporate raider, raider. Company that endeavours to take over another company against the will of the acquiree's management by seeking to convince the shareholders of the target company to accept the takeover contrary to the wishes of the management and Board of Directors. See also white knight.
Industry:Banking
(1) In terms of the law pertaining to bills of exchange: person or firm in whose name a bill of exchange has been made out (person ordered to pay under the bill). The drawee is only subject to legal obligations in respect of the bill of exchange when he/she/it has accepted the latter. See also acceptance.
(2) In terms of the law pertaining to cheques: the bank on which a cheque was drawn and which cashes the cheque to the debit of the drawer provided the necessary cover is available.
Industry:Banking
Also: output. Increase in value created by a company or an economy over a given period. The sum of the value added by all companies in a country corresponds to the gross domestic product.
Industry:Banking
Barrier option which expires worthless when the underlying touches or exceeds a specified price level (barrier) during the term of the product. See also knock-in option.
Industry:Banking
The right to mint and issue coins used as legal tender. Exercised in Switzerland by the Federal Government. See also swissmint.
Industry:Banking
Service offered to customers to check the status of their accounts or issue payments or stock market orders over the phone as part of a comprehensive service package available 24 hours a day. See also electronic banking.
Industry:Banking
