- 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.
A coded plastic card for making cashless payments which allows the holder to draw cash or make payment for goods electronically. See also credit card.
Industry:Banking
Abbr.: ETF. Index fund whose composition is tied to the weighting of an index and can be traded at any time without issuing commission. See also basket product.
Industry:Banking
The right to buy or sell a specified amount of gold bullion at a stipulated price on the option expiration day.
Industry:Banking
A security which is made out in the name of the owner and can be transferred only by assignment. It differs from instruments made out to order, such as bills of exchange, checks, registered shares, promissory notes, etc., which name a beneficiary and are transferable by endorsement.
Industry:Banking
Instrument used for paying (transferring) money to a person or entity that does not maintain a postal checking account.
Industry:Banking
Bill of exchange that has not yet been accepted by the drawee. Opposite: acceptance.
Industry:Banking
Also: investment research. Systematic assessment of securities as the basis for an investment or portfolio strategy. See also balance sheet analysis, fundamental analysis, chart analysis, financial analysis.
Industry:Banking
Also referred to as share certificate.
(1) Confirmation that a certain number of shares have been deposited. This is used to enable or facilitate stock market trading.
(2) A special form is the fractional certificate, which, as the name implies, is made out for a fraction of the whole share.
(3) Instrument embodying a specific number of shares if a corporation has only a few shareholders and no individual shares are issued.
Industry:Banking
Special type of documentary credit where in addition to the payment undertaking of the importer's bank an undertaking is also given by the exporter's bank (or a third-party bank, e.g. the World Bank or an international development bank) in order to provide the exporter with additional security. This second undertaking to pay acts as a safeguard against risks that may stem from the importer's bank (country risks and/or bank risks) or the importer's country (e.g. the risk of a moratorium on international payments due to a shortage of foreign exchange). See also documentary credit.
Industry:Banking
Synonym for receivables. Antonym: due to banks and customers.
Industry:Banking
