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UBS AG
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.
Legally binding document signed by the bank of a client guaranteeing payment of a sum up to a given amount to a specified third party if the client fails to meet his payment obligations. The bank guaranty gives the seller maximum security that he will receive his money. The client bears the costs of issuing the bank guaranty.
Industry:Banking
Abbr.: COTO. Option where the shareholder of a company has the right to purchase new shares, sell the COTO on the stock exchange or receive payment of the cash equivalent by the issuer.
Industry:Banking
Written unconditional promise to pay, issued and signed by the debtor himself. The latter undertakes to pay on demand at a fixed or determinable future date a certain sum of money to the order of a specified person, or to bearer.
Industry:Banking
Switzerland: short-term capital raised by first-class Swiss and foreign borrowers by tender at a fixed interest rate and maturity (up to 364 days).
Industry:Banking
Strategy for opening up a foreign market, whereby a company joins forces with partners in another country to set up a business there. Under this arrangement, ownership, management and control of the business are shared.
Industry:Banking
Demand for additional funds to increase the value of the cover for loans collateralized by securities or for financial futures whose prices have fallen below a predetermined level. See also margin account, maintenance margin.
Industry:Banking
Abbr.: OTC. Also: off-exchange trading. Securities trading outside the regular exchange. Also includes telephone trading in unlisted securities. See also post-market trading.
Industry:Banking
Also referred to as risk spread, risk spreading. Diversifying capital investments or loans granted to third parties so as to achieve the greatest possible protection against risks of losses or reductions in income. The aim is to ensure an optimally balanced risk exposure via the broad diversification of investments (or loans) in terms of the geographical mix, currencies, sectors and individual companies. See also diversification.
Industry:Banking
Also: talon. Certificate attached to the coupon sheet of a share or bond and exchangeable for a new set of coupons.
Industry:Banking
On Swiss Exchange: period between the close of trading on a given trading day and the opening of trading on the following trading day. During this period, orders may be entered into the order book but will not be matched.
Industry:Banking