- 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.
More or less regular sequence of uptrends and downtrends in the performance of a market or economy. See also economy.
Industry:Banking
Statistically determined measure of the rise in price levels and therefore the decline in the value of money. The inflation rate shows the percentage change in price levels over a given period (month, year). See also inflation
Industry:Banking
The renting out, for a specific period, of industrial equipment, facilities and capital goods (machines, technical installations, vehicles, etc). The manufacturer or - in the case of leasing in the narrower sense of the word (financial leasing) - special leasing companies act as principals. Leasing helps to preserve liquidity. 100% borrowing on a pay-as-you-earn basis. Fixed monthly costs cover interest, amortization, the upfront fee and (e.g. with car leasing) the insurance premium.
Industry:Banking
A clause in a contract aimed at excluding the risk posed by the devaluation of a currency relating to a particular claim by fixing the applicable exchange rate between this currency and the foreign currency in the terms of the contract.
Industry:Banking
Document confirming that a contract for life insurance coverage has been concluded. Serves only as evidence and is not a negotiable instrument.
Industry:Banking
Also: offshore market. Internationally oriented financial market that offers investors and financial institutions special advantages by virtue of its liberal economic and fiscal legislation. Transactions in these centres do not affect the domestic market and are executed in a foreign currency. Examples include Bahamas, British Virgin Islands, Cayman Islands, Barbados, Bermuda, Channel Islands, Netherlands Antilles and Panama.
Industry:Banking
A clause aimed at removing the risk (with regard to a particular claim) of a devaluation of one's own currency, by designating a fixed ratio or exchange rate between this currency and the foreign currency.
Industry:Banking
An investment fund domiciled in one of the offshore financial centres, where investment fund legislation or supervision either does not exist or is very flexible (e.g. Bahamas, Bermuda, Cayman Islands).
Industry:Banking
Interest rate which may be changed during the term of a loan or a bond issue. In the case of international loans and bonds, the periodic adjustment in line with the London Euromoney market rate is of particular significance. See also floating-rate bond.
Industry:Banking
Abbr.: GDP. Measure of macroeconomic performance within the domestic economy over a given period of time. See also gross national product.
Industry:Banking
