- 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.
Also: national bank. Only institution which has the right to issue banknotes, constitutes the monetary and credit policy authority of a currency zone. In Switzerland, this function is performed by the Swiss National Bank.
Industry:Banking
Also: non-par value share. Share issued by a corporation with no par value shown on the face of the share. Used most frequently in the United States.
Industry:Banking
Also: social report. The reporting of the cost incurred in complying with anti-pollution, safety and health and other socially beneficial requirements, and, more generally, the impact of a business entity on, and its endeavours to, protect society, its amenities and the environment.
Industry:Banking
Stamp duty levied by the Swiss government on the purchase and sale of Swiss and foreign securities by Swiss securities dealers.
Industry:Banking
With options, the difference between the price of an option and its intrinsic value.
Industry:Banking
A draught passed on by the drawer with certain details left blank. The recipient is entitled to complete the draught himself on pre-agreed terms. Liability remains with the drawer.
Industry:Banking
Also custody price. The annual fee charged by banks for the custody and administration of securities.
Industry:Banking
Ratio of options or futures to the number of underlyings at which the portfolio is fully hedged. The hedge ratio is the reciprocal of the delta.
Industry:Banking
Cheque provided with a separate tearsheet designed for writing messages to the recipient or beneficiary.
Industry:Banking
Also: bank of issue. Bank vested with the right to issue bank notes (note-issuing privilege). In addition to performing this key historic function, today's note-issuing banks are also responsible for organising monetary operations in the broadest sense, mainly by implementing a monetary policy that serves the interests of the country. Example: Swiss National Bank.
Industry:Banking
