- 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.
Abbreviation: NIF. Credit limit extended to first-class borrowers in the Euromarket which cover their medium-term capital requirements through revolving issues. See also revolving underwriting facility.
Industry:Banking
The minimum number of members of an organised body legally competent to transact business in the absence of other members.
Industry:Banking
Systematic and ongoing analysis of the positive and negative impact of a company's activities on society. Social accounting includes the social report, the statement of net value added and the social statement.
Industry:Banking
Assets of a company set aside for circulation in the operating process. In addition to liquid assets, these include goods and claims that can normally readily be turned into cash. Opposite: fixed assets.
Industry:Banking
Order form used in the issuing business. With this form, a subscriber undertakes to take up and pay for allocated securities according to the conditions set down in the prospectus. See also issue, subscription.
Industry:Banking
Securities which are particularly suitable for longer-term investments.
Industry:Banking
Loan granted on the strength of the borrower's credit history or reputation. Opposite: secured credit.
Industry:Banking
Keeping a record of all securities deposited with a bank by safekeeping account number and within the safekeeping accounts by securities number.
Industry:Banking
Also: hedging transaction. Countertrade or covering transaction designed to offset an existing or potential risk position by eliminating or diminishing the element of risk, in particular price, interest rate or exchange rate risks. Risk compensation is achieved by incurring a similar yet countercurrent risk to that entailed by the position to be hedged. Futures transactions are classic examples of hedging instruments. Securities portfolios can be hedged with financial derivatives. See also hedging, financial future, option.
Industry:Banking
Credit institution acting as agent for a bank in a financial centre where the latter does not have its own branch.
Industry:Banking
