- 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.
Financing especially adapted to the needs and practises of the hotel industry. For banking institutions, hotel financing is an important facet of the commercial lending business in tourist regions.
Industry:Banking
Also: credit facility, borrowing limit, credit line. An amount up to which the bank will lend money to a particular customer. Customers can draw down any unutilized part of the credit line immediately as they require, without needing to submit a further application.
Industry:Banking
A bond issue whose interest or planned repayments of principal are not made as scheduled under the terms of the issue.
Industry:Banking
A company that specialises in assigning ratings, e.g. Standard & Poor's, Moody's.
Industry:Banking
Investment fund exempt from certain legal requirements. Participation is restricted exclusively to investors proven to be peer professional players (e.g. insurance companies, pension funds).
Industry:Banking
Also: illiquid. Refers to securities of such low investment quality that they cannot be readily sold to investors.
Industry:Banking
(1) All bank transactions based on an interest margin. The margin derives from the fact that the bank pays a lower rate of interest on the funds received from clients than it earns on the loans it grants. The bank uses the income from this margin to cover its expenses and make a profit.
(2) Bank transactions connected with the payment or receipt of interest (claims, liabilities). Bills of exchange and the money market securities business are generally also included under interest operations.
Industry:Banking
In terms of asset class: instruments with main exposure in the fixed income markets, i.e. interest rate and issuer risks. Includes convertible bonds and structured products with guaranteed principal protection.
Industry:Banking
Financial market that operates regularly and is organised in accordance with fixed customs and practices, e.g. security, forex, option and commodity exchanges. The key exchanges include the New York Stock Exchange, the Nasdaq and the London and Tokyo stock exchanges. See also SWX Swiss Exchange.
Industry:Banking
Natural person or legal entity which is treated as non-resident for the purpose of exchange and currency regulations. Opposite: resident.
Industry:Banking
