- 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.
Ratio which expresses the so-called risk-adjusted performance of an investment fund. If the average return on a security or portfolio is larger than its expected return, the alpha is positive. If the average return is smaller than expected, the alpha is negative.
Industry:Banking
Share which offers a good return but has only limited appreciation potential. The exposure to declining prices is also only marginal.
Industry:Banking
A form of money market investment developed in the US which is mainly used by the large commercial banks to balance daily liquidity needs. The surplus reserves of banks are traded through the Federal Reserve System.
Industry:Banking
Obligation on the owner of real property to render a specified service (such as maintaining a road through the property). Servitudes are recorded on the land certificate for the property.
Industry:Banking
Chronological, ongoing entry of the debits and credits resulting from the business transactions between the bank and current account holders, with a running balance being kept. A current account may also be used for accounts receivable or payable. Current accounts offer little or no interest but unlimited withdrawal privileges and many other services (e.g. cheque books, automated cash withdrawal, payment transfers, etc.) are available.
Industry:Banking
Security offered to the public for the first time when a company is floated. See also initial public offering, issue.
Industry:Banking
In the case of a claim document the notations «on demand» or «on sight» mean that the amount specified becomes due and payable immediately upon presentation of the debt certificate or payment order by the creditor to the debtor.
Industry:Banking
Words stamped onto a bill of lading to indicate that the shipowner has received the goods for shipment. It does not indicate that the goods have already been shipped.
Industry:Banking
