- 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 company recorded in the share register of a stock corporation as a shareholder, but which does not actually own any shares. This practice is particularly commonplace when trading US registered shares outside the USA, as each transaction must be entered in the share register, which can be a problem because of the distance. However, where a nominee is entered in the share register, it issues a stock certificate attesting to the possession of these foreign registered shares. These can be traded in Switzerland in the same way as bearer shares.
Industry:Banking
A document issued by a company or public authority planning to float a bond or shares. As well as describing the modalities of the issue, the profit outlook and the securities to be issued, it also contains an invitation to subscribe. See also prospectus liability.
Industry:Banking
In the USA: bond whose indenture stipulates that the redemption of the bond issue will be paid in accordance with a specified redemption plan from a sinking fund specially created for this purpose.
Industry:Banking
Documentary credit under the terms of which the beneficiary may instruct the expressly authorized bank to make all or part of the credit available to one or more other beneficiaries (second beneficiaries).
Industry:Banking
Balance-sheet-like record of all cross-border payments of a country during a given period. The balance of payments includes current transactions in respect of goods (foreign trade) and services (including income on investments) on the one hand, and capital transactions (direct and portfolio investments, etc.) on the other. Not a balance sheet in the strict accounting sense, it is instead more akin to a current account. See also current account balance.
Industry:Banking
Order given by the client to his bank to invest the funds in his account, in particular income from securities, capital repayments and incoming payments.
Industry:Banking
A statement of the assets and liabilities of a business at a given time. The assets side of the balance sheet provides information on the use of funds whereas the liabilities side details the procurement of funds (financing). In Switzerland, the preparation of balance sheets is governed by a detailed body of regulations.
Industry:Banking
Statistical measure of the change in the price of an option when the underlying moves one unit in price.
Industry:Banking
Bank deposits which are to be held for a specified period of time at a set rate of interest. In Switzerland the periods are generally between 1 and 12 months and the minimum amount usually CHF 100,000. On the balance sheet time deposits are shown as amounts due to customers (term).
Industry:Banking
Official register of companies which engage in a trade, manufacturing or another type of commercial business. In Switzerland, the rights and duties pertaining to entry in the commercial register are regulated by Articles 934 ff. of the Swiss Code of Obligations.
Industry:Banking
