- 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.
Accounting apportionment items entered on the liabilities side of the balance sheet, such as income already received during the past financial year but relating to the new financial year, or expenses incurred during the past year but not payable until the following year. Opposite of accrued income and prepaid expenses. See also liabilities.
Industry:Banking
Coin minted from gold or gold alloys. Some gold coins are still valid as legal tender. In practice, however, all gold coins are traded at their market value, which is subject to continual fluctuations. Bullion coins have a market value broadly in line with their gold value.
Industry:Banking
Also: output. Increase in value created by a company or an economy over a given period. The sum of the value added by all companies in a country corresponds to the gross domestic product.
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
Also: unlimited. Order from a client for the purchase or sale of a security to be executed by the bank at the best possible price. No maximum or minimum price is prescribed. See also market order. Opposite: limited.
Industry:Banking
Also: advances, due from banks and customers. In general, that which is due and collectable. The total amounts due on goods sold, services rendered or money loaned. In bank balance sheets, unsecured current account loans (overdrafts). Opposite: deposits.
Industry:Banking
A coded plastic card for making cashless payments which allows the holder to draw cash or make payment for goods electronically. See also credit card.
Industry:Banking
Synonym for receivables. Antonym: due to banks and customers.
Industry:Banking
