- 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.
Transfer of assets to secure payment of an obligation, but generally without transfer of title or ownership, on the basis of a pledge agreement. In the event of default, the creditor can realise the pledged assets and satisfy his claims from the proceeds (execution). In the banking business, pledging securities is the most common credit collateralizing transaction, especially in the case of current account credits and loans. See also Lombard loan, collateral loan.
Industry:Banking
Public register in which all rights to real estate properties are entered. Under Swiss law, the Land Register consists of the main ledger (one page for each property), supporting documents and a chronological register for entries, building lot plans and property descriptions. The Land Register is kept by the Land Register Office under the supervision of the cantons.
Industry:Banking
Official name of the Swiss bourse. Abbreviation: SWX. SWX was created in 1995 with the merger of the exchanges in Geneva, Basel and Zurich. Since 1996, all securities on the Swiss Exchange have been traded electronically, and floor trading thus abolished. SWX is supervised by the Swiss Federal Banking Commission (SFBC). See also virt-x. Website: www.swx.com.
Industry:Banking
Investment fund which distributes the bulk of its earnings to unitholders. Opposite: capital appreciation fund.
Industry:Banking
Bond with fixed maturity that may not be called and may not be redeemed prematurely by the borrower.
Industry:Banking
Detailed cheque of a company's financial position, results of operations and cash flows, its strengths and weaknesses, future potential and the risks it is subject to; conducted prior to a planned merger or takeover.
Industry:Banking
In general, any good, product or instrument in which every unit is so similar to or identical with every other unit that they can be exchanged for one another without legal consequences, e.g. bearer shares, commodities, etc.
Industry:Banking
Limit value set in advance and stipulated within an in-option, in addition to the strike price. See also outstrike.
Industry:Banking
(1) Dissolution of assets or of a company by realising the assets and settling the debts.
(2) Settlement of forward or future transactions on the exchanges, with specific dates stipulated ahead of time for the individual operations (option declaration, payment, delivery of securities, etc). The liquidation calendar is determined by the stock exchange board.
(3) Closing (squaring) a forward transaction in foreign exchange or precious metals by a corresponding contra transaction with the same due date.
Industry:Banking
An exchange that specialises in trading in options or financial futures. See also futures market.
Industry:Banking
