- 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.
Night depository in the form of a vault which is used mainly by commercial clients to deposit their takings in safeboxes or safebags outside opening hours. Their use is regulated by written agreement.
Industry:Banking
Investments in tradable securities and book-entry securities of foreign issuers. The key motivation is to earn a return and not to exert an influence on the company's business operations. Examples include foreign bonds, money market paper, equities and fund units. Investments in derivatives are not generally regarded as portfolio investments these days.
Industry:Banking
Temporary assignment or conversion of debt into shares or similar equity paper. See also swap.
Industry:Banking
(1) Security issued on an underlying stock.
(2) Option issued together with another class of security by a stock corporation (e.g. bond with warrants).
Industry:Banking
Written promise from a debtor to make periodic payments to a creditor (payments being contingent on the profits generated by the debtor's company) thus compensating the creditor for not enforcing his right to have a restructuring program imposed on the debtor.
Industry:Banking
A coded plastic card for making cashless payments which allows the holder to draw cash or make payment for goods electronically. See also credit card.
Industry:Banking
Abbr.: ETF. Index fund whose composition is tied to the weighting of an index and can be traded at any time without issuing commission. See also basket product.
Industry:Banking
The right to buy or sell a specified amount of gold bullion at a stipulated price on the option expiration day.
Industry:Banking
A security which is made out in the name of the owner and can be transferred only by assignment. It differs from instruments made out to order, such as bills of exchange, checks, registered shares, promissory notes, etc., which name a beneficiary and are transferable by endorsement.
Industry:Banking
