- 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.
Medium- to long-term credit with a floating interest rate which is usually reset every 3, 6 or 12 months. The basis for the periodic interest rate adjustment is, for instance, the London Interbank Offered Rate (LIBOR) for short-term borrowing on the Euromarket.
Industry:Banking
Partial convertibility means that a currency can be converted into other currencies at least to a certain extent. See also full convertibility, convertibility.
Industry:Banking
Shares of a corporation which have scored faster-than-average earnings gains and are expected to show high levels of profit growth. As a consequence, they justify a higher P/E ratio but also constitute riskier investments than average equities.
Industry:Banking
Also: stock, equity. A form of security representing a portion of the nominal capital of a company and giving the owner the right to vote at General Meetings and to elect directors as well as the right to information and to exercise control. Shares further entitle the holder to a portion of the company's profits and to a proportional share of any capital increase or liquidation proceeds.
Industry:Banking
Also: underlying. Instrument on which an option or futures contract is based. The main underlying assets are currencies, bonds, equities and equity indices as well as precious metals. See also financial future.
Industry:Banking
The service fee charged by a stockbroker to a client for executing purchase or sale orders for securities, commodities, etc. Brokerage fee scales are usually degressive, i.e. the percentage rate for large-volume orders is less than for small orders.
Industry:Banking
The price paid in the first (or opening) transaction for a given security on a given day. Opposite: closing price.
Industry:Banking
(1) The cashless transfer of payments.
(2) Transfer by endorsement of an order instrument (e.g. bill of exchange).
Industry:Banking
Also: tom next. Foreign exchange and money market trades executed tomorrow for delivery on the next business day.
Industry:Banking
