- 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.
Known simply as a warrant. Type of security, usually issued together with a bond or preferred stock, entitling the holder to buy a proportionate amount of common stock at a specified price for a period of years.
Industry:Banking
Authorization to represent a client on the basis of a power of attorney.
Industry:Banking
Person who performs brokerage services in his capacity as owner of a banking institution or as an executive employee of a bank.
Industry:Banking
Collateral bond that is secured through the pledging of a mortgage. See also collateral bond.
Industry:Banking
Also: jacket custody. The safekeeping of securities separate from the customer's holdings of other types of securities or from the securities of other customers. Opposite: collective custody.
Industry:Banking
Investment fund investing its assets in various securities, money market instruments or real estate property.
Industry:Banking
Mortgage deed to secure a specific claim. The mortgage lien guarantees the repayment of principal, the costs of debt collection, and three years of defaulted interest at the time bankruptcy proceedings are opened or an application for the realization of the pledge is filed, as well as the interest payable since the last due date.
Industry:Banking
Also: private equity investing. A form of banking where interests in companies are acquired with the intention of selling them off years later once their value has increased.
Industry:Banking
A corporate bond that, in addition to a fixed interest rate, offers the right to a share in net profit.
Industry:Banking