- 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.
Estimate of the value and potential of a security based on the security and financial analysis.
Industry:Banking
Expression used for a letter of credit with a deferred payment date (e.g., 90/120/180 days after the date of the bill of lading). No draft is required.
Industry:Banking
Takeover, usually made in the form of a public offering, with the intention of replacing the current management of the target company. Opposite: friendly takeover.
Industry:Banking
Loan secured by a mortgage on real property. In granting these loans, the banks differentiate between mortgage investments, indirect mortgage loans and construction loans.
Industry:Banking
A credit line which an account holder can use at any time and in any amount up to an agreed limit during the term of an agreement. Particularly common in the form of working capital loans, but can also be extended as unsecured credits or secured credits (e.g. Lombard loans).
Industry:Banking
Difference between the capital of a corporation (joint stock company) stipulated in the articles of association and the capital actually paid in.
Industry:Banking
Complex financing programme for an independent economic unit. The companies behind the project bear only part of the risk, collateral is restricted to project assets, and debts are paid exclusively out of the project cash flow. Financing is usually for major projects and is provided by international banking consortiums.
Industry:Banking
Also referred to as demand deposits. Bank balances which can be withdrawn at any time, i.e. without any prior notification.
Industry:Banking
The price to be paid by the banks to issuers for the direct underwriting of a new securities issue. The difference between the issue price and the underwriting price is the banks' gross profit margin (underwriting fee).
Industry:Banking
Agent or bank appointed by the issuer of securities to carry out all ongoing transactions that arise for the owners of the said securities, e.g. payment of dividends and interest coupons.
Industry:Banking
