- 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 certificate attached to a bond or share which, when detached and presented to the issuer of the security, entitles the bondholder or shareholder to receive the interest payment or dividend or to exercise rights. Due to the dematerialization of securities trading, coupon is now often only used in a figurative sense. See also coupon sheet.
Industry:Banking
Term denoting participation in an underwriting syndicate by being named in the issue prospectus. The underwriter is listed like a syndicate member but is strictly speaking only a sub-participant because he has signed neither the loan agreement nor the syndicate agreement. See also sub-participation.
Industry:Banking
Figure obtained by dividing adjusted earnings per share by the share price for the financial year in question. It is the reciprocal of the price/earnings ratio, and is multiplied by 100 to give a percentage for comparison purposes.
Industry:Banking
A guarantee credit where the bank assumes liability towards a third party for the performance or payment obligations of its client. Contract bonds normally relate to the proper execution of work and the quality of materials supplied.
Industry:Banking
Theory exploring how to achieve optimum risk/return characteristics for customer portfolios through international diversification of investments. Modern portfolio theory was developed by the US economist H.M. Markowitz.
Industry:Banking
Also: mortgage-backed bond. Bond issued by central mortgage bond institutions in Switzerland and secured by property mortgages granted by the banks. The bondholders have a lien on the underlying assets enforceable against the mortgage bond institution. The German Pfandbrief is more tightly defined than the English term «mortgage-backed bond/mortgage bond» and may only be issued by mortgage banks, ship mortgage banks and a number of public sector issuers (central mortgage bank institutions). Also available in the form of public sector Pfandbriefe.
Industry:Banking
Also: reform. Restoring the economic and financial viability of a company through such measures as tighter control over its financial operations, reducing the capital stock (share capital) or raising new capital resources.
Industry:Banking
Category of a bank's equity that comprises the additional capital. See also tier 1, tier 2.
Industry:Banking
(1) Warehouse or pledge receipt. In some countries these have the characteristics of securities.
(2) Securities underwriting: short for subscription warrant.
Industry:Banking
(1) Synonym for market price.
(2) Also: market price. The price that can be obtained (usually with reference to real estate) on the open market under ordinary circumstances. In the case of real estate, the market value is determined by an expert appraiser on the basis of the intrinsic value and the capitalised income value, and adjusted in line with local rates and the situation on the property market. See also intrinsic value, capitalised value.
Industry:Banking
