- 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.
Pension fund for the pooled investment of funds contributed exclusively by the employer. The invested capital can be used only for pensions or employee benefits.
Industry:Banking
Credit granted to bridge seasonal needs for funds as experienced by certain types of enterprises, e.g. fashion houses. Special form of working capital loan.
Industry:Banking
The conversion parity shows investors how much a stock will cost them if they exercise their conversion right. Conversion parity = nominal value x price / number of shares per convertible bond +/- payment per share.
Industry:Banking
(1) Direct investment in individual securities instead of, for example, in funds.
(2) Capital export, i.e. by acquiring, establishing or making a strategic investment in companies abroad.
Industry:Banking
Also: counter credit, back-to-back credit. Documentary credit which is granted to another beneficiary on the basis of an existing, non-transferrable documentary credit (prime/master/original letter of credit). Back-to-back credits are commonly used by middlemen when the original credit cannot be transferred and/or the terms of the two credits are not the same.
Industry:Banking
Abbr.: CIP. Clause used in the forwarding business meaning that the seller delivers the goods to the carrier nominated by him, but the seller must in addition pay the cost of carriage necessary to bring the goods to the named destination. This means that the buyer bears all risks and additional costs occurring after the goods have been so delivered. However, in CIP the seller also has to procure insurance against the buyer's risk of loss of or damage to the goods during the carriage. See also CIF, FAS, FOB.
Industry:Banking
Funds raised by a company for capital investment in plant and equipment or for acquisition purposes, via the issue of shares and participation certificates or, in the case of a cooperative, the issue of unit certificates. Opposite: debt financing.
Industry:Banking
Area of banking which is primarily concerned with the securities business and corporate finance.
Industry:Banking
The field of economics that studies the behaviour of the economy as a whole. Macroeconomics examines economy-wide phenomena such as changes in unemployment, national income, gross domestic product (GDP), growth, and price levels (inflation).
Industry:Banking
