- 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.
Obsolete. A bank licenced to trade securities on a ring. See also stock exchange bank.
Industry:Banking
The rate of interest charged on an overdue debt, from the date of default to the date of eventual settlement.
Industry:Banking
Also: accounts, annual accounts. The balance sheet and profit and loss account/income statement of a company prepared at the end of an accounting period.
Industry:Banking
Place where banks are domiciled or are represented by business offices. In Switzerland only those localities are considered to be banking centres in which the Swiss National Bank maintains its own bank office or agency or is represented by a correspondent bank. This distinction plays a role primarily in connexion with bill collection and discounting.
Industry:Banking
A grouping of equities, indexes or other factors combined in a standardised way, providing a useful statistical measure of overall market or sector performance over time.
Industry:Banking
Also: electronic bourse, screen-based trading. Trading system where stock exchange transactions are carried out via a computer system, e.g. SWX Swiss Exchange.
Industry:Banking
The pledging of several pieces of land as security for the repayment of the same claim, each property being encumbered with the full amount of the pledge. A multiple lien may be established only if the pieces of land belong to the same owner or are owned by debtors granting joint and several guarantee.
Industry:Banking
Any place or system where the requirements of business enterprises and public authorities or governments for medium- and long-term capital funds can be met. Opposite: money market.
Industry:Banking
Deposit paid as security for a tenant's liabilities. The maximum deposit under Swiss law is three months' rent. The tenant's guarantee is held in safekeeping in an interest-bearing bank account, the net interest income accruing to the tenant.
Industry:Banking
Transactions under which the bank accepts borrowed funds and thereby assumes liabilities in respect of customers in the form of savings or investments. Also includes the issue of medium-term notes and own offerings. Opposite: lending business.
Industry:Banking
