- 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.
(1) Holdings of bills and similar paper managed or administered by a bank.
(2) A pool of investments owned by an individual or an organization. The portfolio can either be managed by the owner him/herself or by a professional portfolio manager. Totality of securities held by banks in custody for clients or for own account.
(3) All securities owned by a person or company.
Industry:Banking
Agreement reached with borrowers, usually heavily indebted developing countries, to extend maturities, defer loan principal payments or reduce the interest rate of existing debt, especially by transforming short-term credit into medium- or long-term loans. See also moratorium.
Industry:Banking
The risk that a transfer covered by a contract cannot be effected between one currency area and another, or that such transfers are restricted as a result of state intervention.
Industry:Banking
Adjustment of the value of an asset on the balance sheet to its true value.
Industry:Banking
Also: share portfolio. Portfolio which is invested in equities and to a small extent in money market investments and where the investment objective is to achieve a high long-term return on the international equity markets through capital gains and forex revenues.
Industry:Banking
Macro-economic term: effective deployment of the production factor labour over a given period of time. Employment can be measured in absolute (hours worked/number of people in employment) or in relative terms (employment rate).
Industry:Banking
Fixed-interest debt obligation in the form of a security usually issued to bearer. Debentures may be secured or unsecured. See also bond.
Industry:Banking
Government bond that need never be redeemed (but may be, at the discretion of the government); only the payment of interest is guaranteed. Issued most commonly in France and the United Kingdom, where such bonds are known as consols (short for consolidated annuities). For some years large companies have also issued bonds and notes without fixed maturities (perpetual floating rate notes).
Industry:Banking
A principle which states that the maturities of the loans granted by a bank should be congruent with, or match, the maturities of the deposits used to finance such loans. According to the rule, short-term transactions should be financed with short-term money, long-term transactions with long-term funds.
Industry:Banking
Also: business cycle, economic cycle, trade cycle. All the regular and irregular fluctuations in gross domestic product around a long-term trend level. An economic cycle consists of the following phases: upswing, peak, downturn or recession, and trough.
Industry:Banking
