- 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.
Also: repurchase price. The price at which an investment fund is obliged to repurchase fund units. The redemption price is charged to the fund's assets and corresponds to the net asset value less any redemption commission and (in the case of Swiss investment funds) the expenses incurred in connexion with the sale of investments
Industry:Banking
Exchange on which certain futures market products are offered. Eurex is an example of a futures exchange.
Industry:Banking
The monetary system of a country or group of countries. Currencies can be referred to as being hard or soft depending on the level of confidence they enjoy worldwide. See also external value, ISO code.
Industry:Banking
Also: call option. Option conveying the right to purchase the underlying. Opposite: put.
Industry:Banking
Investment fund which invests in securities and book-entry securities traded on an exchange or other regulated market open to the public.
Industry:Banking
Credit granted on the basis of security or collateral pledged or deposited to assure repayment. The security may take the form of a pledge of securities, an assignment, a guarantee, a surety or real and personal collateral. Opposite: unsecured credit. See also collateral security.
Industry:Banking
Also interim account. An account for the temporary entry of charges or credits, pending determination of their ultimate disposal. Frequently used in connexion with doubtful accounts receivable.
Industry:Banking
Loan granted against the pledging of securities as collateral (broker's loan) or against the pledging of goods (advance against goods as security). The costs of a lombard loan are calculated on the basis of the official or private lombard rate (rate for advances against collateral).
Industry:Banking
Options of the same option class and with the same expiry date, but with different strike prices.
Industry:Banking
The stage in the economic cycle at which activity declines, characterised by a drop in real terms in the national product.
Industry:Banking
