- 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.
Economic indicator which changes before the overall economy itself changes, and is therefore seen as an indicator of future developments.
Industry:Banking
Bill of exchange presented to a bank for collection (and not for discounting). The countervalue of the bill is credited to the account of the customer either immediately «on the due date» or only «after collection».
Industry:Banking
Mix of hedge fund strategies characterised by the manager's complete freedom of choice as to strategic changes. Opportunistic hedge fund managers can utilise one or many investing styles at a given time. They are not restricted to any particular investment approach or asset class.
Industry:Banking
Also: contango transaction. Securities trading: the prolongation of a forward long trade from one expiry date to the next. The buyer sells the securities from the expired trade at the spot rate to the bank participating in the transaction, pays the contango (premium) and buys them back as of the next expiry date. Contango transactions generally take the form of a collateral loan. Opposite: backwardation.
Industry:Banking
Ownership of an entire floor of a building or of a particular apartment (flat) within a multi-family dwelling. In Switzerland, condominium ownership is regulated by federal law as a special form of co-ownership. Mortgages may be obtained for the acquisition of condominiums in a similar fashion to mortgages for entire properties.
Industry:Banking
Published list showing the numbers of the securities drawn for premature redemption (such as the bonds of a particular issue).
Industry:Banking
Equity sector incorporating shares of companies producing or distributing pharmacueticals, biotechnology equipment and accessories, or providing medical care. The respective MSCI Sector index acts as a benchmark for shares of companies belonging to this sector.
Industry:Banking
Abbreviation: SNMI. Index, adjusted for dividends, which shows the price performance of the segment of growth companies from Switzerland and abroad (start-up companies). The SNMI has been published since 1 March 2000.
Industry:Banking
Bond issue placed outside the country of domicile of its issuer in the currency of the country where it is offered for subscription. Opposite: domestic bond.
Industry:Banking
The value at which assets are carried on the books of account. Generally, fixed assets are shown at cost less normal depreciation while inventories may be carried at cost or market value, whichever is lower. The book value of a share is the company's net worth divided by the number of shares outstanding.
Industry:Banking
