- 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.
Also: consumer banking, personal banking. High street banking business with individuals. The main objective of retail banking is to provide low-cost banking services in line with customers' needs by offering standardised products and simplifying sales processes.
Industry:Banking
Bank credit where the bank does not grant funds but incurs liabilities or obligations on behalf of the customer, e.g. bill guarantee, acceptance or surety credit, contingent liability. Opposite: cash loan.
Industry:Banking
Description of all entries (rights, charges, notations, provisional reservations, encumbrances, etc) in the Land Register referring to a particular property.
Industry:Banking
(1) Payment of dividend(s) on shares and participation certificates to shareholders.
(2) Payment of the income of a fund to the holders of investment fund certificates.
(3) Payment of interest on bonds to the bondholders.
Industry:Banking
Coin made from precious metals whose value is based on its precious metal content. Bullion coins are minted in large numbers as they combine the advantages of coins and bars.
Industry:Banking
The price sensitivity of a fixed-income security to an interest rate change of 1%. Duration is measured in years but should not be confused with the maturity of a bond. For all conventional bonds, duration is shorter than maturity. In the case of zero coupon bonds, however, duration is identical to maturity.
Industry:Banking
Also: future. standardised contract traded on an exchange by which the seller undertakes to sell or buy a specified quantity of a commodity of a defined quality (commodity future) or a specified amount of a financial instrument (financial future) on a specified due date and for a specified price.
Industry:Banking
Also: intangible assets. Identifiable non-monetary asset without physical substance held for use in the production or supply of goods or services, for rental to others, or for administrative purposes. Examples include rights, patents, licences, brands, goodwill and client relationships.
Industry:Banking
Prespecified day (towards the end of the month) on which the forward and futures transactions concluded previously are paid and delivery is made on the exchanges (liquidation date).
Industry:Banking
