- 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.
Clause by which the bank reserves the right to reverse or cancel a credit entry if the countervalue of promissory notes and other debt certificates (such as bills of exchange, draughts and cheques) cannot be collected.
Industry:Banking
Also short-term rate. Interest rate applied on the money market. See also capital market rate.
Industry:Banking
Cancellation of participation rights in a public limited company, limited liability company or cooperative due to the shareholder, partner or member's failure to pay the subscription price of new shares or failure to pay a call duly made on them.
Industry:Banking
Inequalities of information, liquidity, expertise, etc. in the market. These can result in price, rate or interest-rate differences between different marketplaces at a given time.
Industry:Banking
Institution which offers bank-like services, e.g. asset management and loans, but which does not have a banking licence and is thus not accountable to the supervisory authorities.
Industry:Banking
Trend moving in the opposite direction in reaction to a prior upward or downward trend.
Industry:Banking
A share with preference rights, i.e. which entitles the holder to a certain preferential treatment, primarily with regard to the distribution of income (preferred dividends), the distribution of assets on liquidation and exercising subscription rights. Opposite: deferred share. See also cumulative preference share.
Industry:Banking
Written request addressed by a customer (buyer) to his bank to open a letter of credit. Notification usually takes place via a correspondent bank. See also documentary credit.
Industry:Banking
One hundredth of a percent. Used for calculating yield differentials in interest instruments.
Industry:Banking
