- 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.
Also: sight bill. Bill of exchange endorsed «on demand». It does not require payment on a definite date but is payable immediately on presentation. It has to be presented within one year after drawing if no other period is stipulated.
Industry:Banking
Agreement concluded between the issuer and underwriting syndicate concerning the direct underwriting of a new securities issue.
Industry:Banking
In Switzerland: an order by the owner of a postal checking account to make payment to a beneficiary who himself is not a postal checking accountholder. It is also possible nowadays to use an assignment cheque for such purposes.
Industry:Banking
(1) The reduction of a debt by means of payments in instalments.
(2) Obsolete term for depreciation.
Industry:Banking
(1) In options trading the subscription ratio specifies how many warrants or certificates are required in order to acquire the right to purchase (call) or sell (put) a share or other underlying at a fixed price. Example: A subscription ratio of 10:1 means that ten warrants are required to purchase/sell an equity.
(2) In the case of a capital increase the subscription ratio indicates the relation of the number of old equities to the number of new equities. For instance, a ratio of 5:3 means that there are three new equities for every five old equities.
Industry:Banking
Fixed-rate commercial loan of a specific amount repayable on an agreed due date or subject to a period of notice.
Industry:Banking
Interest paid by banks on credit balances on client accounts. Opposite: debit interest.
Industry:Banking
