- 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.
Abkürzung: SIC. Unternehmen, das elektronische Zahlungsverkehr zwischen den Banken unter der Aufsicht der Schweizerischen Nationalbank gelegt hat. Webseite: www.sic.ch.
Industry:Banking
Likelihood that a counterparty will default on its obligation either over the life of the obligation or over some specified horizon. See also default.
Industry:Banking
Interest paid before deduction of any taxes at source (such as withholding tax, excise tax, etc). Opposite: net interest.
Industry:Banking
Bill containing a domicile clause which shows where the bill is payable. In actual practice, bills are usually domiciled at the bank of the acceptor.
Industry:Banking
An account not denominated in local currency but in the currency of another country.
Industry:Banking
Also known as IPO or going public. First sale to the general public, by issuing and listing shares, of stock in a company whose equity had previously been held by a restricted group of persons. Opposite: going private.
Industry:Banking
Abbr.: LBO. Takeover of a company by internal or external investors using the acquired firm's assets as security for the bulk of the loans taken out for this purpose.
Industry:Banking
A buy order conditional upon reaching a trigger price, before being executed. If the trigger price is reached, the order becomes a market order and is executed at the next best price.
Industry:Banking
Allocation of securities apportioned to the individual subscriber in the case of oversubscribed issues. If more applications for subscription are received than securities available, the individual allotments are reduced accordingly.
Industry:Banking
Share which carries a greater voting right in relation to the other shares of the same company despite having the same par value. Alternatively, it may carry identical voting rights despite having a lower par value. Shares with the same par value but differing voting rights are not permitted in Switzerland. Voting right shares confer preferential rights upon the shareholder with regard to voting rights (qualified voting rights).
Industry:Banking