- 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.
Instrument used for paying (transferring) money to a person or entity that does not maintain a postal checking account.
Industry:Banking
Bill of exchange that has not yet been accepted by the drawee. Opposite: acceptance.
Industry:Banking
Also: investment research. Systematic assessment of securities as the basis for an investment or portfolio strategy. See also balance sheet analysis, fundamental analysis, chart analysis, financial analysis.
Industry:Banking
Also referred to as share certificate.
(1) Confirmation that a certain number of shares have been deposited. This is used to enable or facilitate stock market trading.
(2) A special form is the fractional certificate, which, as the name implies, is made out for a fraction of the whole share.
(3) Instrument embodying a specific number of shares if a corporation has only a few shareholders and no individual shares are issued.
Industry:Banking
Special type of documentary credit where in addition to the payment undertaking of the importer's bank an undertaking is also given by the exporter's bank (or a third-party bank, e.g. the World Bank or an international development bank) in order to provide the exporter with additional security. This second undertaking to pay acts as a safeguard against risks that may stem from the importer's bank (country risks and/or bank risks) or the importer's country (e.g. the risk of a moratorium on international payments due to a shortage of foreign exchange). See also documentary credit.
Industry:Banking
Synonym for receivables. Antonym: due to banks and customers.
Industry:Banking
The forced sale of the assets pledged as security to the bank for a loan if the credit utilization exceeds the lending value of the pledged collaterals or if the customer is in default regarding repayment of principal or payment of interest.
Industry:Banking
Legally stipulated amount of gold which is equivalent to one currency unit. The Swiss Federal Law on Currency and Legal Tender, which came into force on 1 May 2000, abolished the gold parity principle in Switzerland.
Industry:Banking
Inability to meet payment obligations leading to the enforced liquidation of the assets of a debtor entered in the Commercial Register. The proceeds of the liquidation are distributed among the creditors according to a specific plan. In UK English the term «bankruptcy» can only apply to individuals - «insolvency» should be used for companies. See also: schedule of creditors.
Industry:Banking
