- 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.
Keeping a record of all securities deposited with a bank by safekeeping account number and within the safekeeping accounts by securities number.
Industry:Banking
Also: hedging transaction. Countertrade or covering transaction designed to offset an existing or potential risk position by eliminating or diminishing the element of risk, in particular price, interest rate or exchange rate risks. Risk compensation is achieved by incurring a similar yet countercurrent risk to that entailed by the position to be hedged. Futures transactions are classic examples of hedging instruments. Securities portfolios can be hedged with financial derivatives. See also hedging, financial future, option.
Industry:Banking
Credit institution acting as agent for a bank in a financial centre where the latter does not have its own branch.
Industry:Banking
Also: national bank. Only institution which has the right to issue banknotes, constitutes the monetary and credit policy authority of a currency zone. In Switzerland, this function is performed by the Swiss National Bank.
Industry:Banking
Also: non-par value share. Share issued by a corporation with no par value shown on the face of the share. Used most frequently in the United States.
Industry:Banking
Also: social report. The reporting of the cost incurred in complying with anti-pollution, safety and health and other socially beneficial requirements, and, more generally, the impact of a business entity on, and its endeavours to, protect society, its amenities and the environment.
Industry:Banking
Stamp duty levied by the Swiss government on the purchase and sale of Swiss and foreign securities by Swiss securities dealers.
Industry:Banking
With options, the difference between the price of an option and its intrinsic value.
Industry:Banking
