- 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.
Certificate of participation in an investment fund issued as a security without par value.
Industry:Banking
The rate at which one currency is exchanged for another. The average of the bid and asked prices is taken as the mean rate.
Industry:Banking
Also: local. Exchange trader who executes trades strictly for his own account.
Industry:Banking
Situation where the spot price of an option's underlying is well above (call) or below (put) the strike price. See also at the money, out of the money.
Industry:Banking
Also: customer funds. Accepting customer deposits is part of banks' core business in which they act as financial intermediaries. Banks use customer deposits as the main source of funding for their lending and investment activities.
Industry:Banking
The study of coins in all aspects, i.e. as a state-approved form of payment, as artefacts conveying information about language, writing and metallurgy, and as works of art.
Industry:Banking
Balance sheet item covering expenses and income attributable to a different reporting period to that in which they were paid. See also accrued income and prepaid expenses, accrued expenses and deferred income.
Industry:Banking
A security is said to be undervalued if its valuation is excessively low. Opposite: overvaluation.
Industry:Banking
