- 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.
A lien on real property which encumbers the land and all movables on it needed to fulfil the purpose of that property. To avoid subsequent disputes, the pledgor must as a rule submit a list of appurtenances to the land register office.
Industry:Banking
The practice of exploiting local and international price differences for identical assets (e.g. securities, currencies, banknotes) by buying said assets in the market with the lowest prices and selling them in the market with the highest prices. See also interest-rate arbitrage, cash-and-carry arbitrage.
Industry:Banking
Loan secured by pledging securities and precious metals in order to finance stock market transactions. See also lombard loan.
Industry:Banking
Trend away from bank to market financing or - seen from the banks' perspective - away from balance-sheet to off-balance-sheet operations. Banks are acting less as independent deposit-takers and lenders and more as intermediaries between investors and borrowers. See also securitization.
Industry:Banking
A method of purchasing medium term claims whereby the purchaser waives any entitlement to enforce the claim against its original owner. Forfaiting is normally used as a method of export financing, with an exporter selling a claim for receivables against an importer to a third party, thereby converting a sale on deferred payment terms (between 1 and 5 years) into a sale against cash payment.
Industry:Banking
Strategy of hedging a share portfolio with put options on a share index, e.g. SMI. See also hedging.
Industry:Banking
Abbr. P/E or PER. Relationship (ratio) of the share price to the net profit of a company. It is calculated by dividing the market price of the shares by the earnings per share. The price/earnings ratio is one of the most widely used indicators for the assessment of stocks.
Industry:Banking
Price at which a convertible bond would have to sell as a conventional bond relative to yields of other bonds of similar maturity, size and quality.
Industry:Banking
Intentional reversal of deflation through aggressive monetary policy easing.
Industry:Banking
Also known as blue chip. Share of widely known companies with large stock market capitalizations and which are heavily traded on the stock markets.
Industry:Banking
