- 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: section. Part of a uniform capital issue (bond) which is offered for subscription in several instalments. The individual tranches usually have different maturities and offer different rates of interest, and therefore have different issuing and market prices.
Industry:Banking
A soft currency is not always freely convertible into another currency, and for this reason investments in soft currencies are very risky. Soft-currency countries are often prone to high inflation, unbalanced state budgets or political instability. Opposite: hard currency.
Industry:Banking
Forward contract based on the development of specific stock exchange indexes. See also financial future.
Industry:Banking
Fee charged by banks (usually on a quarterly basis) for credit lines granted but not drawn on during the agreed loan period.
Industry:Banking
Long-term investment in another company, e.g. through the acquisition of shares (an equity interest). Unlike investing in fixed-interest securities, primarily to benefit from the expected return and/or possible capital gains, permanent holdings aim to exert an influence on the management of the company in which the equity interest is held or to achieve similar objectives. Depending on the circumstances, permanent holdings may have the object of securing a certain share of a company's equity (minority or majority holding). Article 25 of the Swiss Banking Law Ordinance requires that permanent holdings of the Swiss banks be stated separately from other assets carried in the balance sheet. Article 25c stipulates that supplementary notes must be prepared giving details of permanent holdings.
Industry:Banking
A liability which will come into definite existence only on the occurrence of a specific event, e.g. bank liability arising from acceptance, guarantees and letters of credit. Contingent liabilities are not included in the balance sheet of a bank but have to be reported under supplementary notes.
Industry:Banking
Gold is one element in the collective term for precious metals. Precious metals are characterized by their chemical durability, valuable physical properties and attractive appearance. Only gold, silver, platinum and palladium are used for capital investments; they are traded worldwide around the clock in spot and forward markets. Precious metal options serve as hedging instruments.
Industry:Banking
The placement of securities by the issuer at his/her own risk. The banks act as subscription agents and obtain a placement commission for any subscriptions effected through their efforts. See also: firm underwriting.
Industry:Banking
Right of the creditor next in order of priority to move up to the vacant place in the land register.
Industry:Banking
A community of persons or companies with common interests which combine to carry out common measures, contribute to a common fund of resources or further a common effort. The rights and duties of pool members are usually governed by a contract. Examples: gold pool, shareholders' pool.
Industry:Banking
