- 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.
Principle whereby the manager of a hedge fund does not receive a percentage of the growth in the fund's value until any losses incurred in the previous year have been made up during the current year.
Industry:Banking
Also: loan. Legal operation by which the creditor transfers money to the borrower which he/she must repay at the end of the term, when called or in instalments. Loans must be repaid and normally entail interest payments. Loans are categorized according to length of term, cover, purpose or form of interest. See also: unsecured credit, mortgage, collateral loan, working capital loan, capital investment loan, consumer credit, fixed advance.
Industry:Banking
Instruments of credit, monetary and currency policy which the central bank is authorized to use. The classical instruments include discount and Lombard policy, repurchase transactions, open market policy and minimum reserves.
Industry:Banking
Forwarding agent's written declaration confirming receipt of goods for shipment. Not a security, but often necessary for the execution of a documentary credit. See also documentary credit.
Industry:Banking
Qualification of securities as part of an analyst's recommendations stating that the investor would be best advised to hold a lower weighting in this security than in others or in relation to a benchmark.
Industry:Banking
Book credit secured against the fiduciary assignment of existing receivables. See also discount credit.
Industry:Banking
Entirety of the guidelines that determine the portfolio structure in terms of investment vehicle, currency, sector and maturity structure required to achieve the defined investment objective .
Industry:Banking
Average volume of customer deposits available to the bank for investment at any given time regardless of withdrawal options available to customers.
Industry:Banking
Proxy voting right exercised at annual general meetings by the custodian bank on the basis of a power of attorney. See also proxy.
Industry:Banking
