- 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.
Notation used by the issuer, endorser or guarantor of a bill of exchange to protect the holder against the bill being protested due to non-payment or non-acceptance. See also protest.
Industry:Banking
Also: return on equity. The success of a company measured in relation to the capital employed.
Industry:Banking
Also: writer of a covered warrant, writer. Seller of an option, who is obliged to buy or sell the underlying security at the pre-determined strike price. Whether the option is exercised depends on the buyer and the price of the underlying.
Industry:Banking
Also: maturity. Date on which a debt (e.g. a bond) falls due or an option expires. Borrowers who fail to meet their obligations by the expiry date are said to be in default. See also default interest.
Industry:Banking
UK share price index compiled by FTSE, a company owned by the Financial Times and the London Stock Exchange. This index comprises the 100 most highly capitalised blue chip companies, representing approximately 80% of the UK market.
Industry:Banking
Likelihood that a counterparty will default on its obligation either over the life of the obligation or over some specified horizon. See also default.
Industry:Banking
Interest paid before deduction of any taxes at source (such as withholding tax, excise tax, etc). Opposite: net interest.
Industry:Banking
Bill containing a domicile clause which shows where the bill is payable. In actual practice, bills are usually domiciled at the bank of the acceptor.
Industry:Banking
An account not denominated in local currency but in the currency of another country.
Industry:Banking
Also known as IPO or going public. First sale to the general public, by issuing and listing shares, of stock in a company whose equity had previously been held by a restricted group of persons. Opposite: going private.
Industry:Banking
