- 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.
Private person or legal entity treated as resident under fiscal, currency control and other legislation.
Industry:Banking
The act or process of transforming or extending a credit agreement, whereby the old debt is cancelled by the establishment of a new one. With current accounts this can be achieved by determining the negative balance and having this acknowledged.
Industry:Banking
Term that indicates that the price of a security is lower than its nominal value. Opposite: above par.
Industry:Banking
(1) The difference between the interest earned by a bank and the interest paid by it. (2) The difference between the interest rates in a particular sector of the banking business, e.g. between the interest rate for first mortgages and the interest rate on the deposits and borrowings used to refinance the mortgages.
Industry:Banking
Risk stemming from the influence of interest-rate changes on existing investments and loans and on the costs of future borrowings or liquidity to be invested in the future.
Industry:Banking
The rate at which one currency is exchanged for another. The average of the bid and asked prices is taken as the mean rate.
Industry:Banking
The rate of interest for a year expressed as a percentage of the capital. See also accrued interest, variable interest rate.
Industry:Banking
Also known as government paper, government issues. Bonds issued by a government to cover its financial obligations. In Switzerland, government bonds are issued by the Confederation and the cantons. See also Treasury bills, corporate bonds.
Industry:Banking
Fixed-income security issued by an industrial firm. See also bond, government bond.
Industry:Banking
