- 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: risk appetite, willingness to accept risk. A person's individual attitude towards risk. They may, for example, be willing to accept risks or they can be risk-averse.
Industry:Banking
Total income earned by the population of a country or region in a year. The national income is calculated on the basis of the income earned by the nationals of the country or region in question both at home and abroad. See also per capita income.
Industry:Banking
Also: depreciation. Reduction of the external value of a currency. In a system of fixed exchange rates or bloc currencies, devaluation is effected by the legal or official lowering of the exchange rate (or parity) of a currency in terms of the other currencies (formerly against gold). In the case of flexible or floating exchange rates, depreciation is the result of a decline in the exchange rate on the currency market in synch with supply and demand. Opposite: revaluation.
Industry:Banking
Also: market decline. General decline in prices, especially in the stock markets. Opposite: bull market.
Industry:Banking
A statement detailing and balancing the expense items and income items of a company for the past financial year.
Industry:Banking
(1) An investment instrument, other than an insurance policy or fixed annuity, issued by a corporation, government or other organization and which is suitable for trading. See also derivative instruments.
(2) Instruments that signify an ownership position in a corporation (stocks or shares), a creditor relationship with a corporation or government body (bonds), or rights to ownership such as those embodied in options or subscription rights.
Industry:Banking
Organization which conducts banking transactions (mainly in the areas of financing, investment and payment operations) together with all accompanying services. Depending on business policy, company size and legal limitations, a bank may operate as a full-service bank or a specialized, regional, national or international institution. In most countries banks are subject to strict monitoring and controls (Switzerland: Swiss Federal Banking Commission). The main criterion in Switzerland for an institution to qualify as a bank (and thus be governed by the Swiss Banking Law) is that its commercial function be the acceptance of deposits from the public and/or refinancing through outside banks in order to finance a number of individuals or companies with whom the institution does not form a business entity. Similarly, Article 2a of the Implementing Ordinance for the Swiss Federal Law on Banks and Savings Banks also assigns bank status to issuing companies which underwrite securities or equity rights either for a fixed fee or a commission and then place them on the primary market.
Industry:Banking
Abbr.: ROE. Ratio of net profit generated over a certain period to equity capital.
Industry:Banking
Interest from the most recent coupon date to the present on an interest-bearing security. Also: broken-period interest.
Industry:Banking
