- 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.
Interest charged by the bank on loans or on overdrawn accounts. Opposite: credit interest.
Industry:Banking
(1) Refers to transactions settled as at the end of the month (last business day of the month).
(2) Time when forward transactions are closed out (liquidated, squared). See also mid-month.
Industry:Banking
Also: payment operations. Money debt payments. Payment transfers are said to be cashless when effected as accounting entries only, i.e. without transferring physical money.
Industry:Banking
Special savings product for the medium-term investment of savings at a relatively high interest rate and normally with limited withdrawal conditions. Cash machine and cheque withdrawals are generally not possible.
Industry:Banking
Period during which no brokers can issue research reports on the proposed listing enterprise.
Industry:Banking
An account held jointly at a bank by two or more people each of whom has sole power of disposal over the assets in the joint safekeeping account without the signature of the other.
Industry:Banking
Settlement value specified at the end of the last trading day of a financial contract.
Industry:Banking
Consolidated balance sheet of a group of companies, showing combined results with the exception of inter-company participations, supplies, receivables and debts, shipments and services (i.e. purchases and sales) and similar items. A group income statement is prepared together with the consolidated balance sheet. Regulated by Art. 663e ff. of the Swiss Code of Obligations.
Industry:Banking
The account maintained by a domestic bank with a foreign bank in foreign currency. Opposite: vostro account.
Industry:Banking
