- 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.
A claim on the state arising from a loan or credit entered in an official register of debt (Switzerland: Federal Debt Register). No securities are issued for such claims; they are recorded solely in the Register.
Industry:Banking
Blanket credit line based on a loan agreement and on bilateral agreements in the form of a treaty or correspondence between Switzerland and a developing nation.
Industry:Banking
Company that comes to the aid of another company that is the subject of a planned unfriendly takeover. A white knight often buys larger blocks of shares or makes a merger offer. See also black knight.
Industry:Banking
Large number of shares of the same company owned by a single shareholder.
Industry:Banking
Someone who, in addition to acting as a buying and selling agent for others, buys and sells for his own account. See also broker.
Industry:Banking
Bond with no maturity date. Perpetual bonds make regular interest payments, but never redeem the principal amount. To get back the capital invested in such bonds, investors must sell them on an exchange.
Industry:Banking
Coverage of a country's banknotes in circulation by the official gold reserves. Abolished in Switzerland by the 2003 revision of the National Bank Law.
Industry:Banking
Also: netting transaction, compensation transaction, barter transaction.
(1) Securities trading: netting of clients' buy and sell orders at a bank at the marrying price.
(2) Foreign trade: offsetting the countervalue of merchandise shipped to a particular country against the merchandise imported from that country. Compensation (offsetting) frequently only covers part of the deliveries, the rest being settled in foreign exchange (partial compensation).
Industry:Banking
Bill of exchange which becomes payable at a certain date after presentation for acceptance (e.g. after one month).
Industry:Banking
