- 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.
Economic activity that does not include any cross-border transfer of goods, services and money flow.
Industry:Banking
Also: fixed mortgage, fixed-interest mortgage. Mortgage with a fixed, unchangeable interest rate running for a period agreed on between the bank and the borrower, usually between two and ten years.
Industry:Banking
Situation in which a government's income exceeds its spending. Opposite: budget deficit.
Industry:Banking
Affiliation of legally independent companies in an economic unit under common management by means of financial participation. This structure is normally chosen to strengthen market positions.
Industry:Banking
Spot order for the purchase or sale of securities traded on the SWX Swiss Exchange. May be entered as a market or limit order. See also market order.
Industry:Banking
Also: put option. An option that confers on the buyer the right to sell the underlying. Opposite: call.
Industry:Banking
Interest charged by the bank on loans or on overdrawn accounts. Opposite: credit interest.
Industry:Banking
(1) Refers to transactions settled as at the end of the month (last business day of the month).
(2) Time when forward transactions are closed out (liquidated, squared). See also mid-month.
Industry:Banking
Also: payment operations. Money debt payments. Payment transfers are said to be cashless when effected as accounting entries only, i.e. without transferring physical money.
Industry:Banking
