- 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.
Abbr.: EMS. The European Monetary System I (EMS I) was a system of fixed, but nonetheless flexible, exchange rates determining the exchange rates for the currencies of certain EU member countries. Since the European Monetary Union came into force a new system (EMS 2) has governed the fixing of exchange rates between the euro and the currencies of those EU countries not participating in the single currency.
Industry:Banking
Clearing system of Swiss Interbank Clearing for Swiss payment transactions in euros within Switzerland and beyond its borders.
Industry:Banking
Range of services offered by banks for the active management of a client's assets under a portfolio management mandate. Asset management is essentially synonymous with portfolio management or wealth management but in practice often refers to the service provided to institutional investors. See also institutional investor.
Industry:Banking
Principles or models used for predicting future stock market performance or for explaining past price trends.
Industry:Banking
A share in the profits of a limited company (corporation) or cooperative. The rate of dividend is determined at the General Meeting upon the proposal of the Board of Directors. Distributions to the owners of participation certificates and dividend-right certificates are also called dividends. Dividends can take the form of a cash dividend (payment in cash), stock dividends and dividends in kind.
Industry:Banking
Abbreviation: FAS. A contract clause commonly used in foreign trade which stipulates that the price of the goods includes transport and insurance costs until the goods are delivered to the quay at the port of lading.
Industry:Banking
Person who has title to a negotiable instrument and writes his name on it in order to transfer said title or rights to another person or persons.
Industry:Banking
Also: direct debit system. A method of collection whereby the debtor gives authorization for his/her bank accounts to be debited directly.
Industry:Banking
Influence exerted on the money supply and interest rates by the central bank through purchases and sales of short-, medium- and long-term debt instruments on the money or capital market for its own account. See also monetary policy instruments.
Industry:Banking
Medium of payment created especially for use in international travel and tourism. In contrast to conventional cheques, traveller's cheques must be paid in advance by the buyer. They can be cashed at most banks and many businesses in other sectors (shops, hotels, etc) subject to verification. Traveller's cheques are issued by banks, groups of banks or travel organizations and are made out in round amounts. Example: Swiss Bankers Travellers Cheque.
Industry:Banking
