- 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.
Independent company which manages investment funds for the account of investors and in its own name. The fund management company decides which investments to acquire and sell, in the same way as it decides on distributions and the issuing of units.
Industry:Banking
Bond issue which links the amount to be repaid for principal and interest to the changes in a specific index. A price index clause can protect bondholders to a large extent against the consequences of monetary erosion (inflation).
Industry:Banking
Ratio of the share price to the cash flow of a company. The price of the share is divided by the cash flow per share. See also: price/earnings ratio.
Industry:Banking
Unsecured general debt obligation in the form of a security usually with a fixed interest rate or no interest (zero-coupon bond). With few exceptions (such as perpetual bonds), these instruments have a fixed maturity, e.g. bond issues, medium-term notes. See also eurobond issue.
Industry:Banking
Value of a company to someone who has a real or psychological «stake» in it (e.g. employees, customers, suppliers). See also shareholder value.
Industry:Banking
The document deposited at the bank which bears the signature of the account or deposit holder, together with those of the authorised agents. It also defines powers of signature.
Industry:Banking
The number of days per month and year taken for interest calculations. German practise (also followed in Switzerland): 1 month = 30 days, 1 year = 360 days. UK practise (followed on the Euromarket): the exact number of days in a calendar month is taken; 1 year = 365 days.
Industry:Banking
Also: Hague apostille. Form of authentication and legislation introduced between the countries bound by the 1961 Hague Convention abolishing the requirement for legalisation of foreign public documents in order to facilitate international legal transactions. The apostille is in the shape of a square measuring 8 x 8 cm and is placed on official public documents. It confirms the authenticity of a public document following presentation of the original, thus waiving the requirement for verification by the consular officials of the country in which the document is intended for use. The apostille is issued by the administrative bodies of the relevant administrative sector. Apostilles for judicial documents are issued by the courts.
Industry:Banking
Also: stock market capitalization, capitalization. Value of a corporation as determined by the price of its equity. Calculated by multiplying the market value of the security (share, participation certificate) on a given day by the total number of securities in issue. See also market value.
Industry:Banking
Also: discount. The difference between the nominal or par value and the underlying market value, e.g. if the issue or market price expressed in percent of the nominal value drops below par (i.e. below 100). In foreign exchange operations, it is the term for the discount charged for exchanging a depreciated foreign currency and the charge or discount deducted for exchanging abraded or worn coins. See also premium (1).
Industry:Banking
