- 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.
Equity sector incorporating shares of companies producing chemicals, metals (including mining), building materials, textiles, or paper and cardboard. The respective MSCI Sector index acts as a benchmark for shares of companies belonging to this sector.
Industry:Banking
Abbr.: DAX. Stock index, which measures the performance of the 30 largest German companies in terms of order book turnover and market capitalization.
Industry:Banking
French 20-franc gold piece bearing the picture of Napoleon I or III.
Industry:Banking
US legislation that contains a number of measures aimed at improving corporate governance. The aim of the law is to strengthen investor confidence in the integrity of the financial data published by companies subject to US legal requirements.
Industry:Banking
Also: stock exchange dealer, broker. An individual or firm which trades professionally on the stock exchange in its own name on behalf of clients. More precisely, the broker (as opposed to the dealer) has merely an intermediary or negotiating function in that it contracts in its own name but for the account of the client or provides the possibility of such trades. See also securities trader.
Industry:Banking
Credit or discount line granted to a customer by a bank to provide liquidity by discounting bills of exchange or similar commercial paper. On the strength of the discount approval, the customer can have bills discounted up to a stipulated total amount, but, having endorsed the bill, remains liable along with the other endorsers as joint and several debtor until the bill is paid on maturity.
Industry:Banking
Agreement between two parties to buy or sell a specific quantity of a commodity subject to conditions agreed beforehand, with delivery and payment taking place at a later date. Unlike standardized futures contracts, forward contracts are traded over the counter, rather than on a stock exchange. See forward transaction.
Industry:Banking
Prevention of accidental large-scale fluctuations in the prices of shares or bonds by selling such securities in the event of excessive price rises and purchasing them when prices come under extremely heavy pressure. See also support purchase.
Industry:Banking
Widely used term for an obligation under a bill or other instrument, but can also refer to many other forms of liability, undertaking or guarantee. See also liability under bills of exchange, without our liability.
Industry:Banking
