- 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.
Also: repurchase price. The price at which an investment fund is obliged to repurchase fund units. The redemption price is charged to the fund's assets and corresponds to the net asset value less any redemption commission and (in the case of Swiss investment funds) the expenses incurred in connection with the sale of investments
Industry:Banking
The monetary system of a country or group of countries. Currencies can be referred to as being hard or soft depending on the level of confidence they enjoy worldwide. See also external value, ISO code.
Industry:Banking
Investment fund which invests in securities and book-entry securities traded on an exchange or other regulated market open to the public.
Industry:Banking
Credit granted on the basis of security or collateral pledged or deposited to assure repayment. The security may take the form of a pledge of securities, an assignment, a guarantee, a surety or real and personal collateral. Opposite: unsecured credit. See also collateral security.
Industry:Banking
Also interim account. An account for the temporary entry of charges or credits, pending determination of their ultimate disposal. Frequently used in connection with doubtful accounts receivable.
Industry:Banking
The price at which a stock exchange transaction is effected. Each trading price on the Swiss Exchange is registered and published (provided a round lot has been traded). By contrast, an asked price is the lowest price offered by the seller and a bid price is the highest price a buyer is prepared to offer. The first price paid for a listed security on a given day is called the opening price, the last paid price being the closing price.
Industry:Banking
In the case of stock market transactions the designation for a cash transaction (payment and delivery are immediate). See also spot transaction.
Industry:Banking
Interest rate prevailing in the capital market. See also money market rate.
Industry:Banking
