- 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.
Contractual obligation of several debtors under which each is individually answerable to the creditor for the discharge of the entire debt (governed by Article 144, para. 1, Swiss Code of Obligations).
Industry:Banking
Individually agreed limit to bridge temporary financial bottlenecks. Overdraft limits on a personal account are usually roughly equivalent to one month's salary.
Industry:Banking
The inability of borrowers to meet their payment obligations. Opposite: solvency.
Industry:Banking
Any collection of assets that reacts in a unique way to the fundamental drivers of the economy. Most important asset classes are equity, fixed income, money market investments and real estate.
Industry:Banking
Economic activity that does not include any cross-border transfer of goods, services and money flow.
Industry:Banking
Also: fixed mortgage, fixed-interest mortgage. Mortgage with a fixed, unchangeable interest rate running for a period agreed on between the bank and the borrower, usually between two and ten years.
Industry:Banking
Situation in which a government's income exceeds its spending. Opposite: budget deficit.
Industry:Banking
Affiliation of legally independent companies in an economic unit under common management by means of financial participation. This structure is normally chosen to strengthen market positions.
Industry:Banking
Spot order for the purchase or sale of securities traded on the SWX Swiss Exchange. May be entered as a market or limit order. See also market order.
Industry:Banking
Also: put option. An option that confers on the buyer the right to sell the underlying. Opposite: call.
Industry:Banking