- 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: payout ratio. A financial statistic expressing the ratio of cash flow to distributed earnings as a percentage of net profit. It indicates what proportion of the earnings generated in a given year were actually distributed.
Industry:Banking
Maturity of a bond based on the average of the earliest and the latest possible redemption date.
Industry:Banking
Bond, usually issued by a bank, guaranteeing specific monetary payment to a beneficiary if the purchaser or maker fails to perform or acts in violation of a contract. In the United States, a performance bond puts the issuer under obligation to render the performance himself. See also bank guarantee.
Industry:Banking
The safekeeping of fungible securities by category in a bank or a central depository. A record is kept of how many securities belong to the individual banks or customers, but no numbers are allocated. In Switzerland, the banks use SIS SegaInterSettle AG for collective custody. Opposite: individual custody.
Industry:Banking
A bank's core capital, comprising its share capital, open reserves and profit brought forward. The core capital is part of the bank's equity and must comprise at least 50% of the said. See also tier 2, tier 3.
Industry:Banking
Contractual agreement to sell or purchase a standardized amount of a specific physical commodity (e.g. grain, metal, oil) at a predetermined price and at a set date in the future.
Industry:Banking
(1) Also: cash bond, medium-term bank bond. In Switzerland: bond issued by a bank with a term of two to eight years.
(2) Abbr.: MTN. Medium-dated bond issued by a prime borrower as part of a revolving programme.
Industry:Banking
Legally binding document signed by the bank of a client guaranteeing payment of a sum up to a given amount to a specified third party if the client fails to meet his payment obligations. The bank guaranty gives the seller maximum security that he will receive his money. The client bears the costs of issuing the bank guaranty.
Industry:Banking
Abbr.: COTO. Option where the shareholder of a company has the right to purchase new shares, sell the COTO on the stock exchange or receive payment of the cash equivalent by the issuer.
Industry:Banking
Written unconditional promise to pay, issued and signed by the debtor himself. The latter undertakes to pay on demand at a fixed or determinable future date a certain sum of money to the order of a specified person, or to bearer.
Industry:Banking
