- 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.
Also: fraction. Securities trade less than a round lot. The Swiss Exchange only accepts unlimited orders for odd lots.
Industry:Banking
Investment fund which invests in a specific geographic region or economic area.
Industry:Banking
A common form of bank guarantee in the USA and Asia. May be used for all types of guarantee, in particular as a payment guarantee. It also serves as security for the event a third party fails to meet a promised obligation.
Industry:Banking
Customs or practices in trading or business that have become established over the years, e.g. stock exchange practice.
Industry:Banking
All measures imposed by government bodies through legislation or collective agreements to establish a social security system that provides for retirement and invalidity. In Switzerland, the compulsory saving takes the form of mandatory pension savings and essentially covers contributions to the first pillar (AHV) and the second pillar (occupational pension schemes).
Industry:Banking
US: Bond whose owners have agreed to reduced interest payments or a reduced repayment of principal on the basis of a reorganization or rescheduling plan. See also bond issue in default.
Industry:Banking
Requirement that during trading hours exchange members (e.g. on the Swiss Exchange) settle all orders up to a pre-agreed size (limit) via the exchange.
Industry:Banking
Safeguarding, fiduciary. Used in banking for account and custody account maintenance with a management agreement. See also managed account.
Industry:Banking
A written list detailing goods included in a shipment by rail or road. Unlike a bill of lading, it does not have the status of a security.
Industry:Banking
Also known as indirect quotation. Term used in foreign exchange for a method of indicating currency prices, whereby one unit (or 100 units) of the home currency is expressed in units of a foreign currency. Most countries use direct listing.
Industry:Banking
