- 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: preferred claim under bankruptcy. Preferential position among claims in the event of bankruptcy proceedings. Not until all claims of the preceding class have been satisfied can the proceeds from the liquidation of any remaining assets be used to meet lower-ranking claims. In the event of a bank filing for bankruptcy, depositor protection applies.
Industry:Banking
Cashless transfer of money between different postal checking accounts.
Industry:Banking
Share with a high par value or a price well above the average.
Industry:Banking
Also: strongroom. A room at a bank for the safekeeping of valuables. See also safe deposit box.
Industry:Banking
Investment fund whose assets are invested in stocks, bonds and/or other securities.
Industry:Banking
A shareholders' pool combines the shareholdings of several or a number of shareholders in order to better represent common interests at stockholders' meetings. See also pool.
Industry:Banking
Measure of the sensitivity of an equity or a portfolio to the overall market. A beta of >1 indicates that the relevant share or portfolio is subject to larger earnings fluctuations and thus carries a larger systematic risk than the overall market. See also alpha.
Industry:Banking
Losses on claims, receivables or loans, e.g. through bankruptcy, fruitless attachment or distraint or composition agreement if the dividend obtained is insufficient.
Industry:Banking
