- 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.
Bank or intermediary that commits itself to taking up an unsold portion of a securities issue after placement.
Industry:Banking
Remuneration paid on capital that has been borrowed. Normally refers to monetary capital, but can also be used in the case of physical capital (rent). See also interest rate, interest days.
Industry:Banking
Also: bonus. Special dividend distribution on shares and participation certificates made by a company in addition to its regular dividend, e.g. as a jubilee bonus.
Industry:Banking
Bank or professional asset manager who exercises the voting rights arising from shares under its custody or management in accordance with the instructions of the shareholder. The portfolio representative must request instructions from the shareholder prior to each annual general meeting (OR 689d).
Industry:Banking
Company with permanent holdings in other, legally independent companies for the purpose of control or financing. See also holding privilege.
Industry:Banking
The capacity of a borrower to bear the financial burden of borrowing, taking into account his/her income, earnings and assets. See also creditworthiness.
Industry:Banking
The order of claim established by senior and junior mortgages to the underlying real estate serving as collateral for the mortgage. The mortgages are entered in the Land Register in the order of their priority (first mortgage, second mortgage, etc.). The claim is generally realized (the mortgage foreclosed) by an action or proceedings brought by the creditor against the debtor after the latter has defaulted or as a consequence of the debtor's bankruptcy.
Industry:Banking
Investment fund which applies the official investment policy of the custodian bank. Depending on the risk category, the asset allocation fund can invest solely in the money market and bonds (income-oriented) or in equities as well (capital-gains-oriented).
Industry:Banking
Banking: period during which certain securities are not placed freely at the owner's disposal (e.g. securities or employee shares deposited as collateral).
Industry:Banking
Long or short position which is not hedged by a corresponding opposite position. See also long position, short position.
Industry:Banking
