- 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.
Abbr.: SME. Company with up to 250 employees. In Switzerland, more than 99% of companies under private law are SMEs.
Industry:Banking
Also: appraised value. Value of a real estate property based on an appraisal carried out by experts.
Industry:Banking
Complex financing programme for an independent economic unit. The companies behind the project bear only part of the risk, collateral is restricted to project assets, and debts are paid exclusively out of the project cash flow. Financing is usually for major projects and is provided by international banking consortiums.
Industry:Banking
The account maintained by a domestic bank with a foreign bank in foreign currency. Opposite: vostro account.
Industry:Banking
Abbr.: SDR. Payment medium and reserve assets issued by the International Monetary Fund (IMF) to its member nations. An SDR does not have the character of an actual currency unit but is primarily a neutral unit of account and book currency. The value of the SDR is fixed officially each day on the basis of the exchange rates on the London spot currency market.
Industry:Banking
List prepared periodically by a bank which contains a selection of the securities recommended for investment.
Industry:Banking
Settlement value specified at the end of the last trading day of a financial contract.
Industry:Banking
Sample copy of a share certificate to be introduced. It lacks certain details such as the serial numbers and/or signature.
Industry:Banking
