- Branche: 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.
Paper which can be transferred by endorsement (negotiable). Legal order instruments (cheques, drafts, bills of exchange, registered shares) are always order instruments, even if they do not bear the «to the order of» notation. Bills of lading, bill-like orders, etc. become negotiable only with such a notation.
Industry:Banking
Circular counter around which ring representatives used to buy and sell contracts by calling out bid and asked quotations. A distinction was drawn between the stock trading ring and the bond trading ring depending on the type of securities traded. See also open outcry trading, electronic trading system.
Industry:Banking
Investment approach based on a carefully timed combination of investments in growth stocks (growth style investing) and value stocks (value style investing), with equity market opportunities and cyclical investor preferences exploited in a targeted manner.
Industry:Banking
Failure to make required debt payments on a timely basis or to comply with other conditions of an obligation or agreement.
Industry:Banking
Note issued by a central bank as a means of currency. A banknote does not embody any rights and as such does not constitute a security. Banknotes are legal tender.
Industry:Banking
Set of voluntary, banking supervisory and legally prescribed measures designed to ensure that the business activities of financial institutions and the personal transactions undertaken by their employees comply with the prevailing laws, regulations and practices. Compliance serves to preserve the good reputation of financial institutions.
Industry:Banking
Bank offering electronic self-service facilities which customers can avail themselves of regardless of bank opening hours.
Industry:Banking
Undivided ownership of a property by a community of persons. They can only dispose of the property by unanimous decision because each has a right to the undivided property and not to quotas or shares.
Industry:Banking
