- 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.
Risk that a borrower will be unable to meet his/her payment obligations, and that the lender will suffer a financial loss. See also bad debt risk.
Industry:Banking
Also: impaired loan. A loan on which the borrower is late in repaying the agreed interest and/or capital or where the borrower is declared insolvent.
Industry:Banking
Statement listing data on the sales or purchases of securities, such as the buying or selling prices, numbers and types of securities, taxes and brokerage charged, and payment or credit dates.
Industry:Banking
Also: foreign exchange. Business activity which consists of the purchase and sale of currencies, holding currency positions, currency arbitrage and speculation on the currency markets. See also banknote trading.
Industry:Banking
Central bank policy which involves allowing exchange rates to be dictated by supply and demand on the foreign currency market. See also dirty floating.
Industry:Banking
Investment fund that invests in mortgage deeds and other similar securities. Under Art. 72 of Switzerland's Investment Fund Act, the Federal Council can issue instructions regarding the construction of mortgage funds. The Council has never yet made use of this power, and mortgage funds have therefore not been established in Switzerland.
Industry:Banking
A guarantee to secure the lender's claim on the borrower in the event of the loan not being repaid as stipulated in the agreement. Credit guarantees are used all around the world
Industry:Banking
Risk exposure dependent on factors which influence an individual security only, e.g. corporate results. Opposite: systematic risk.
Industry:Banking
Interest which is accrued on previous interest that has become due and been added to the principal amount.
Industry:Banking
Statement prepared by the bank for the client recording the sale or purchase of securities.
Industry:Banking
