- 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.
Only valid on the trading day specified in the order. If a stock exchange order labelled «valid for one day» cannot be executed as specified, it lapses automatically. Opposite: good-till-cancelled order. See also stock market order.
Industry:Banking
Legally defined procedures to be followed when compiling company accounts and consolidated accounts. In Switzerland, banks comply with the standards laid down in article 6 of the Swiss Federal Law on Banks and Savings Banks and articles 23-27 of the Banking Ordinance on banks' annual and interim reporting. They also follow the guidelines laid down by the Swiss Federal Banking Commission.
Industry:Banking
Indicator which can be used to compare the value or level of a statistic with its value or level at an earlier point in time, accounting for changes due to factors such as price changes and movements in the economy. See also share index.
Industry:Banking
Securities and merchandise are quoted at a market or selling price. Foreign exchange is quoted in rates, not prices.
Industry:Banking
Index reflecting the general trend of the stockmarket or a group of securities. See also share index.
Industry:Banking
Under a direct mortgage loan, the bank is granted a mortgage lien as security for its credit exposure. Where security is given in the form of a mortgage note, this becomes the property of the bank. If the bank's claims are not met when due, it can take legal action to enforce the sale of the underlying property and use the proceeds to settle the outstanding debt directly. See also mortgage loan, indirect mortgage loan.
Industry:Banking
Independent company which manages investment funds for the account of investors and in its own name. The fund management company decides which investments to acquire and sell, in the same way as it decides on distributions and the issuing of units.
Industry:Banking
Ratio of the share price to the cash flow of a company. The price of the share is divided by the cash flow per share. See also: price/earnings ratio.
Industry:Banking
Unsecured general debt obligation in the form of a security usually with a fixed interest rate or no interest (zero-coupon bond). With few exceptions (such as perpetual bonds), these instruments have a fixed maturity, e.g. bond issues, medium-term notes. See also eurobond issue.
Industry:Banking
