- 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.
In Switzerland, generally a small bank whose operations are restricted to a specific region. In the nineties, the majority of regional banks came under the aegis of RBA-Holding.
Industry:Banking
(1) Credit line granted against payment of compensation (commitment commission) for a specified term.
(2) Bridging loan extended to a country or central bank facing balance of payments difficulties (e.g. the stand-by facilities of the IMF).
Industry:Banking
Document certifying the country of origin as well as the price or value of goods. It may be issued by an official organization, such as a chamber of commerce, or by the beneficiary or the manufacturer.
Industry:Banking
(1) Synonym for subscribed allotment.
(2) Allocation of securities reduced on a pro rata basis if supply and demand cannot be matched at a certain price.
Industry:Banking
Clause used in the pre-issue market for securities to specify that the issue of said securities will take place on the terms and conditions and at the time envisaged.
Industry:Banking
Set of regulations governing trading on a stock exchange subject to approval by the relevant national government. The stock exchange regulations include details of the tasks of the stock exchange supervisory authority, market surveillance, admission to the stock exchange as well as active trading, securities admission, price setting, etc. Furthermore, the stock exchange regulations must contain provisions governing the composition and election of members of the Admission Board and the meaning of price designations as well as technical regulations (trading days, trading times, segments, etc.).
Industry:Banking
The percentage rate of interest which a bank or other lender deducts in advance from loans made, or from the face value of bills of exchange or commercial paper bought. It is calculated for the period from presentation to maturity of the instrument. The amount of the discount rate depends on the liquidity of the financial markets and the party liable under the bill. Swiss commercial banks apply the private discount rate in their discounting operations; as a rule, this is higher than the official discount rate of the Swiss National Bank.
Industry:Banking
Abbreviation: FRA. A forward transaction between banks and industrial firms whereby the two parties agree on an interest rate for a future period and no initial margin payment is required at the time the contract is concluded. Unlike financial futures, FRAs are not standardized and are not traded on interbank markets. They are used to hedge the risk of a change in interest rates by locking in the current interest rate for future payments.
Industry:Banking
A series of data used as a proxy for the development of another statistic. See also economic indicator.
Industry:Banking
