- 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.
Activity focused on exploiting expected changes in the market. Specifically, speculation refers to transactions entailing disproportionately high returns and risks.
Industry:Banking
Bank or intermediary that commits itself to taking up an unsold portion of a securities issue after placement.
Industry:Banking
Remuneration paid on capital that has been borrowed. Normally refers to monetary capital, but can also be used in the case of physical capital (rent). See also interest rate, interest days.
Industry:Banking
Investment fund which applies the official investment policy of the custodian bank. Depending on the risk category, the asset allocation fund can invest solely in the money market and bonds (income-oriented) or in equities as well (capital-gains-oriented).
Industry:Banking
Also: bonus. Special dividend distribution on shares and participation certificates made by a company in addition to its regular dividend, e.g. as a jubilee bonus.
Industry:Banking
Bank or professional asset manager who exercises the voting rights arising from shares under its custody or management in accordance with the instructions of the shareholder. The portfolio representative must request instructions from the shareholder prior to each annual general meeting (OR 689d).
Industry:Banking
Stock market term for selling a security one does not own but intends to buy later at a lower price to cover the sale. Until the purchase to close the transaction has been made, the trader is said to be short on the particular stock or security. Traders taking advantage of falling prices to go short are known as bears.
Industry:Banking
Company with permanent holdings in other, legally independent companies for the purpose of control or financing. See also holding privilege.
Industry:Banking
The capacity of a borrower to bear the financial burden of borrowing, taking into account his/her income, earnings and assets. See also creditworthiness.
Industry:Banking
Exclusive right to issue banknotes. In Switzerland, this privilege has been granted to the Swiss National Bank by the Federal Government.
Industry:Banking
