- 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.
Documentary credit that can be modified or cancelled at any time. The revocable letter of credit is hardly ever used because it offers little security.
Industry:Banking
Short-term loan under which the bank permits the customer to draw bills up to a certain amount (credit line). The bills are then accepted and usually also discounted by the bank as agreed.
Industry:Banking
Debt enforcement applied where no assets have been pledged and the debtor is not entered in the commercial register with a function which renders them subject to debt enforcement by bankruptcy proceedings. Debt enforcement by seizure is the most common type of debt enforcement.
Industry:Banking
Purchase of securities or currencies in order to close a position created by short selling.
Industry:Banking
An option permitting the underwriter of an initial public offering to issue more shares than originally planned if demand is substantially stronger than expected. The greenshoe enables an issuer to place additional shares on the market at the original conditions.
Industry:Banking
An index that measures the prices of consumer goods in a country, based on a basket of goods intended to replicate the purchasing habits of a typical consumer. The percentage change in the index level over time is a measure of inflation.
Industry:Banking
Also: interest charge. Interest which is deducted from the principal.
Industry:Banking
Investment counselling and portfolio asset management services offered to international private and institutional clients.
Industry:Banking
Financial analysis conducted by a securities house or the organisational unit of a bank responsible for investment banking, with the focus on writing financial reports on companies and subsequently recommending that investors purchase shares in the said companies. Opposite: buy-side research.
Industry:Banking
