- 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.
Credit institution specializing in granting personal or consumer loans and financing instalment purchasing (hire purchase in UK).
Industry:Banking
In securities trading, a selling position which has not yet been closed by the purchase of a counterposition. Investors are said to be short if, following a short sale, they need to buy securities to meet their obligations. On assignment, the writer of an option contract undertakes to deliver (call) or buy (put) the underlyings. Opposite: long position.
Industry:Banking
(1) Trading activity used by mutual fund and portfolio managers near the year end or quarter end to improve the appearance of the portfolio/fund performance before presenting it to clients or shareholders.
(2) Bank accounting policy: increasing total assets by taking up interbank assets prior to a reference date so as to present higher liquidity.
Industry:Banking
Assets of a company which enable it to produce its goods or services. They include administrative buildings, plant facilities, liquid assets, etc. Opposite: non-operating assets. See also fixed assets, current assets.
Industry:Banking
Shares issued to founders of a company as compensation for previously unpaid services. They grant certain preferential rights, e.g. to a part of the net profit or the liquidation proceeds. Known in the United Kingdom as deferred shares.
Industry:Banking
Plastic card issued to bank customers for the efficient handling of transactions carried out over the counter or via ATMs. The necessary control data, such as the customer's PIN, are stored in the magnetic strip.
Industry:Banking
A market player's total position, ascertained by offsetting purchases against sales.
Industry:Banking
(1) In Switzerland: the sale of medium-term notes, which were formerly only placed privately. Under current legislation, an issue prospectus has to be published.
(2) On the Euromarket: the placing of short to long-dated notes with a select group of investors (international private placements).
Industry:Banking
