- 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.
(1) Payment of dividend(s) on shares and participation certificates to shareholders.
(2) Payment of the income of a fund to the holders of investment fund certificates.
(3) Payment of interest on bonds to the bondholders.
Industry:Banking
Coin made from precious metals whose value is based on its precious metal content. Bullion coins are minted in large numbers as they combine the advantages of coins and bars.
Industry:Banking
The price sensitivity of a fixed-income security to an interest rate change of 1%. Duration is measured in years but should not be confused with the maturity of a bond. For all conventional bonds, duration is shorter than maturity. In the case of zero coupon bonds, however, duration is identical to maturity.
Industry:Banking
Also: future. Standardized contract traded on an exchange by which the seller undertakes to sell or buy a specified quantity of a commodity of a defined quality (commodity future) or a specified amount of a financial instrument (financial future) on a specified due date and for a specified price.
Industry:Banking
Also: intangible assets. Identifiable non-monetary asset without physical substance held for use in the production or supply of goods or services, for rental to others, or for administrative purposes. Examples include rights, patents, licences, brands, goodwill and client relationships.
Industry:Banking
Prespecified day (towards the end of the month) on which the forward and futures transactions concluded previously are paid and delivery is made on the exchanges (liquidation date).
Industry:Banking
Also: bonds with warrants. Bond issue which bears interest throughout its term to maturity and features a warrant which embodies the right to purchase a share or other security. The warrant may be traded separately from the bond. See also convertible bond issue.
Industry:Banking
The legal right to retain property until a claim is met. Possession must be continuous, rightful and not for a particular purpose. Regulated in Switzerland by 895 ff. of the Swiss Civil Code.
Industry:Banking
The purchase or sale of an equal number of puts and calls with the same strike price and term to maturity. Long straddles are constructed by purchasing a call and a put with the same strike price and term to maturity at the same time, which will result in gains if there is significant market movement and losses if volatility is low. Short straddles are constructed by selling a call and a put with the same strike price and term to maturity at the same time, which will result in losses if there is significant market movement and gains if volatility is low.
Industry:Banking
Cheque bearing the endorsement «for clearing only» or «for crediting only» or similar. Such cheques may not be paid out in cash but can only be credited to the beneficiary. The endorsement cannot be cancelled by crossing it out.
Industry:Banking
