- 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.
The price to be paid by the banks to issuers for the direct underwriting of a new securities issue. The difference between the issue price and the underwriting price is the banks' gross profit margin (underwriting fee).
Industry:Banking
Agent or bank appointed by the issuer of securities to carry out all ongoing transactions that arise for the owners of the said securities, e.g. payment of dividends and interest coupons.
Industry:Banking
Situation where an option has an exercise price equal to or near the current price of the underlying. See also out of the money, in the money.
Industry:Banking
A sharp decline in prices or an increase in the purchasing power of money, brought about by a decrease in the amount of money in circulation relative to the amount of goods and services available. Accompanied as a rule by a contraction in capital spending activity. Opposite: inflation.
Industry:Banking
Ratio of weight of pure precious metal to gross weight of alloyed metal. Expressed in parts per thousand.
Industry:Banking
Also: placement commission. Remuneration paid to the banks participating in the underwriting or placement of shares or bonds.
Industry:Banking
To draw in excess of the deposit balance or of a line of credit agreed between the bank and customer. Due to the risk involved, unauthorized overdrafts attract higher interest than the utilization of credit within an agreed limit.
Industry:Banking
Opposite of discretionary. Used in banking for account and custody account maintenance without a management agreement, i.e., the bank conducts transactions only at the express order of the client.
Industry:Banking
A measure representative of a country's wealth, generally arrived at by dividing the gross national product, gross domestic product or national income by its population. Per capita income is widely used to compare the state of a country's economy over time or relative to other countries.
Industry:Banking
