- 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.
Safeguarding, fiduciary. Used in banking for account and custody account maintenance with a management agreement. See also managed account.
Industry:Banking
A written list detailing goods included in a shipment by rail or road. Unlike a bill of lading, it does not have the status of a security.
Industry:Banking
Also known as indirect quotation. Term used in foreign exchange for a method of indicating currency prices, whereby one unit (or 100 units) of the home currency is expressed in units of a foreign currency. Most countries use direct listing.
Industry:Banking
Also: warrant. Receipt given by a warehouse for goods stored on its premises. Merely a confirmation, not a tradable instrument.
Industry:Banking
Position taken by the purchase or sale of a contract but not yet closed by an opposite position.
Industry:Banking
Lien on movable property without transfer of title to the pledgee. Instead the lien (pledge) is entered in a register, and the pledged item itself remains the property of the pledgor. Applied to the pledging of livestock, ships and airplanes as collateral.
Industry:Banking
The reserves accumulated in accordance with the articles of association of a company. Article 672 of the Swiss Federal Code of Obligations states that the articles of association may stipulate that more than 5% of the net profit has to be allocated to the statutory reserves and that the reserve fund must amount to more than 20% of the share capital as laid down by law. The Articles can call for the creation of additional reserve funds and define their use and purpose (statutory reserve fund). See also reserves.
Industry:Banking
Compulsory saving on a large scale by a state-imposed limitation of consumer spending, engineered in such a way that the money «saved» is directed into investments, pension fund financing etc.
Industry:Banking
Also: trading centre. City where there are one or more active stock exchanges.
Industry:Banking
