- 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.
Balance sheet item showing the interest paid by the bank on funds it has received on deposit. Usually called credit interest in current account transactions. Opposite: interest received.
Industry:Banking
Taking into account seasonal fluctuations to ascertain to what extent a change in the original data reflects the «actual» development of the economy.
Industry:Banking
Commodity exchange on which futures contracts are traded. Opposite: spot market.
Industry:Banking
(1) Banking: the act or process of placing money in a property, security or other item of value or in a venture, generally on a longer-term basis.
(2) Business management: medium and long-term investment of capital in means of production to replace worn-out equipment or expand production capacity.
Industry:Banking
Also: capital base.
(1) In a broader sense a synonym for equity capital.
(2) Banking: Article 11 of the Implementing Ordinance for the Swiss Banking Law stipulates that equity consists of core capital (Tier 1 comprising paid-up capital, disclosed reserves and profit brought forward) as well as certain additional capital components eligible for inclusion in tier one (undisclosed reserves and subordinated bond issues). Equity capital must satisfy the requirements set out in the Banking Law, but in most cases it goes beyond these prescribed limits. Equity is an important measure of how financially sound a bank is.
(3) Lending: the capital or assets which an applicant must usually have (except in leasing) in order to be granted a loan.
Industry:Banking
Abbreviation: IRG. Swiss federal government institution set up to facilitate investment in developing countries. Investors can use the guarantee to cover certain risks which neither they nor their partners in the recipient country can influence and which they cannot cover in any other way. Under certain conditions, the investment risk guarantee covers inability or refusal to pay on the part of governments and public authorities, as well as the risks of political events or government measures in the recipient country. In Switzerland, the IRG is governed by the Federal Law on the IRG dated 20 March 1970.
Industry:Banking
Exposure to damage or financial loss, e.g. a fall in the price of a security, or insolvency on the part of a creditor. Financial market theory measures the risk exposure of an investment in terms of the degree of variance. Risk and return are in direct mutual correlation: the higher the risk exposure, the more substantial the long-term return on an investment should be. The main risk categories are: country risk, transfer risk, settlement risk, price risk, interest-rate risk and credit risk. Risks are hedged with provisions. Hedging products available from banks include forward and repurchase transactions, options and financial futures. See also systematic risk.
Industry:Banking
Newly industrializing country or market with above-average growth potential and developing financial markets.
Industry:Banking
