- 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.
(1) Medium- to long-term securities (usually fixed-interest) issued and offered for public subscription during a specified period as a means of raising capital. In Switzerland, bond issues usually run for 5-15 years. In many cases the borrower and/or bondholder is given the right to repay or redeem all or part of the issue prior to final maturity upon observance of a notice period. Special forms include convertible bond issues, index-linked bond issues, foreign bond issues and Eurobonds. (2) See also bond.
copy and paste
Industry:Banking
Instruments used to make payments between countries, especially in the form of checks, bills of exchange, debits and credits, etc.
Industry:Banking
Financing especially adapted to the needs and practices of the hotel industry. For banking institutions, hotel financing is an important facet of the commercial lending business in tourist regions.
Industry:Banking
Also: credit facility, borrowing limit, credit line. An amount up to which the bank will lend money to a particular customer. Customers can draw down any unutilized part of the credit line immediately as they require, without needing to submit a further application.
Industry:Banking
A company that specializes in assigning ratings, e.g. Standard & Poor's, Moody's.
Industry:Banking
In terms of asset class: instruments with main exposure in the fixed income markets, i.e. interest rate and issuer risks. Includes convertible bonds and structured products with guaranteed principal protection.
Industry:Banking
Financial market that operates regularly and is organized in accordance with fixed customs and practices, e.g. security, forex, option and commodity exchanges. The key exchanges include the New York Stock Exchange, the Nasdaq and the London and Tokyo stock exchanges. See also SWX Swiss Exchange.
Industry:Banking
Natural person or legal entity which is treated as non-resident for the purpose of exchange and currency regulations. Opposite: resident.
Industry:Banking
An exchange rate which is allowed to move freely, finding its level as a function of supply and demand on the foreign currency market, and is subject to only limited intervention by the central bank. Opposite: fixed exchange rate.
Industry:Banking
A written conveyance of title to real estate property, but not its possession, to secure the payment of a debt or the performance of some obligation. Distinguished from a lien in that the creditor has actual title to the property and from a pledge in that the debtor retains possession. In Switzerland, such rights may take the form of a mortgage assignment or mortgage note. See also fixed-rate mortgage, portfolio mortgage.
Industry:Banking
