- 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.
Investment fund whose assets are placed in buildings and/or vacant land, the overriding principle being to spread risks geographically and to invest in a number of diverse properties.
Industry:Banking
(1) Original meaning: coins which by law must be accepted as legal tender without restrictions. See also divisional coin.
(2) In Switzerland, gold coins that have been in circulation since 1850 but have not been minted for a long time, e.g. the «Goldvreneli».
Industry:Banking
An account where the name of the accountholder is known only to a small circle of people within the bank, as all transactions are processed under a number.
Industry:Banking
Legally defined procedures to be followed when compiling company accounts and consolidated accounts. In Switzerland, banks comply with the standards laid down in article 6 of the Swiss Federal Law on Banks and Savings Banks and articles 23-27 of the Banking Ordinance on banks' annual and interim reporting. They also follow the guidelines laid down by the Swiss Federal Banking Commission.
Industry:Banking
Method customarily used for calculating interest on current accounts, with interest based on the daily balance. Interest is paid on the existing balance until it changes.
Industry:Banking
Procurement of the short- to long-term financial resources needed by the enterprise. Consulting and support given to companies in the field of corporate finance is an important area of banking, esp. for big banks.
Industry:Banking
In den Preis oder die Bewertung von Wertpapieren, Devisen, Banknoten usw. zu erhöhen.
Industry:Banking
