- 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.
Obligation on the part of the borrower to return the cover for the loan to its contractually agreed level by furnishing additional collateral if the value of the objects pledged as security for the credit has declined.
Industry:Banking
Slang term for all plastic cards, such as VISA, MasterCard and Maestro card, used to make cashless payments.
Industry:Banking
Price of the final trade in a security at the end of a trading session. See also opening price, trading price.
Industry:Banking
The bandwidth within which the price of a certain security is expected to trade over a given period.
Industry:Banking
Formal written notice that the payer has refused to make payment. The bearer of a bill of exchange files such a protest in cases where the payer cannot honour a bill on the due date and cannot obtain a prolongation from the issuer. This protest gives the bearer of the bill the right to demand payment of the amount of the bill, interest since the due date, protest costs and other expenses as well as compensation from a previous owner or the issuer by way of recourse to the endorser.
Industry:Banking
A group or association of people recognized in law as an individual entity with a fixed capital stock (share capital) divided into parts (shares).
Industry:Banking
Ratio of the fair market value of a collateral to the value of the loan that will finance the purchase. The more stable the value of an asset, the higher the loan to value ratio. The more unstable the asset, the lower the loan to value ratio.
Industry:Banking
Bill of exchange which becomes due and payable at a stipulated date after the issue date. Fixed-date bills are common in overseas trade.
Industry:Banking
Investment fund promising investors superior earnings achieved by frequently shifting portfolio weightings (trading) and through speculative exposure. See also initial public offering.
Industry:Banking
