- 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.
Agreement concluded between the issuer and underwriting syndicate concerning the direct underwriting of a new securities issue.
Industry:Banking
In Switzerland: an order by the owner of a postal checking account to make payment to a beneficiary who himself is not a postal checking accountholder. It is also possible nowadays to use an assignment cheque for such purposes.
Industry:Banking
(1) The reduction of a debt by means of payments in instalments.
(2) Obsolete term for depreciation.
Industry:Banking
(1) In options trading the subscription ratio specifies how many warrants or certificates are required in order to acquire the right to purchase (call) or sell (put) a share or other underlying at a fixed price. Example: A subscription ratio of 10:1 means that ten warrants are required to purchase/sell an equity.
(2) In the case of a capital increase the subscription ratio indicates the relation of the number of old equities to the number of new equities. For instance, a ratio of 5:3 means that there are three new equities for every five old equities.
Industry:Banking
Fixed-rate commercial loan of a specific amount repayable on an agreed due date or subject to a period of notice.
Industry:Banking
Interest paid by banks on credit balances on client accounts. Opposite: debit interest.
Industry:Banking
Also: renewal. Extension of the maturity or running period of a transaction or an order. If a stock exchange transaction is not executed at the performance date as agreed but further extended, the act of postponement is known as a prolongation (carry-over transaction). Postponing the due date of a bill is called bill renewal or prolongation.
Industry:Banking
Willingness of a company to meet its payment obligations. See also liquidity, solvency.
Industry:Banking
