- Industry: 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.
Trend moving in the opposite direction in reaction to a prior upward or downward trend.
Industry:Banking
A share with preference rights, i.e. which entitles the holder to a certain preferential treatment, primarily with regard to the distribution of income (preferred dividends), the distribution of assets on liquidation and exercising subscription rights. Opposite: deferred share. See also cumulative preference share.
Industry:Banking
Written request addressed by a customer (buyer) to his bank to open a letter of credit. Notification usually takes place via a correspondent bank. See also documentary credit.
Industry:Banking
One hundredth of a percent. Used for calculating yield differentials in interest instruments.
Industry:Banking
A set of coupons attached to a bond or share certificate which entitle the owner to receive the interest or dividend on the respective due dates. Today payment of dividends is usually made directly to the shareholder or his or her bank account on the basis of the share register.
Industry:Banking
Bank which, in addition to the central paying agency, has been given permission by public authorities or agencies to process decentralized payment transfers.
Industry:Banking
Announcement that a company's expected profits are likely to be less than forecast.
Industry:Banking
Inflation excluding the components of the consumer price index with the greatest upward and downward fluctuations. See also inflation.
Industry:Banking
An indicator used to evaluate the trend in a share price, arrived at by dividing the current price by the price n days before.
Industry:Banking
In Switzerland: long-term loan granted by a central mortgage bond institution to one of its member banks as funding for loans secured by mortgages.
Industry:Banking