- 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: warrant. Receipt given by a warehouse for goods stored on its premises. Merely a confirmation, not a tradable instrument.
Industry:Banking
Position taken by the purchase or sale of a contract but not yet closed by an opposite position.
Industry:Banking
Lien on movable property without transfer of title to the pledgee. Instead the lien (pledge) is entered in a register, and the pledged item itself remains the property of the pledgor. Applied to the pledging of livestock, ships and airplanes as collateral.
Industry:Banking
The reserves accumulated in accordance with the articles of association of a company. Article 672 of the Swiss Federal Code of Obligations states that the articles of association may stipulate that more than 5% of the net profit has to be allocated to the statutory reserves and that the reserve fund must amount to more than 20% of the share capital as laid down by law. The Articles can call for the creation of additional reserve funds and define their use and purpose (statutory reserve fund). See also reserves.
Industry:Banking
Compulsory saving on a large scale by a state-imposed limitation of consumer spending, engineered in such a way that the money «saved» is directed into investments, pension fund financing etc.
Industry:Banking
Also: trading centre. City where there are one or more active stock exchanges.
Industry:Banking
Registered shares which have changed hands and have not yet been entered in the share register under the name of the new owner.
Industry:Banking
(1) Also: odd lot. In share trading, a number of share units which is smaller than the number of units usually traded, as distinguished from the round lot, which is a multiple of the trading unit.
(2) In bond and rights trading: fractional item.
Industry:Banking
