- 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.
Range of services offered by banks for the active management of a client's assets under a portfolio management mandate. Asset management is essentially synonymous with portfolio management or wealth management but in practice often refers to the service provided to institutional investors. See also institutional investor.
Industry:Banking
Principles or models used for predicting future stock market performance or for explaining past price trends.
Industry:Banking
A share in the profits of a limited company (corporation) or cooperative. The rate of dividend is determined at the General Meeting upon the proposal of the Board of Directors. Distributions to the owners of participation certificates and dividend-right certificates are also called dividends. Dividends can take the form of a cash dividend (payment in cash), stock dividends and dividends in kind.
Industry:Banking
Abbreviation: FAS. A contract clause commonly used in foreign trade which stipulates that the price of the goods includes transport and insurance costs until the goods are delivered to the quay at the port of lading.
Industry:Banking
Person who has title to a negotiable instrument and writes his name on it in order to transfer said title or rights to another person or persons.
Industry:Banking
Also: direct debit system. A method of collection whereby the debtor gives authorization for his/her bank accounts to be debited directly.
Industry:Banking
Influence exerted on the money supply and interest rates by the central bank through purchases and sales of short-, medium- and long-term debt instruments on the money or capital market for its own account. See also monetary policy instruments.
Industry:Banking
Medium of payment created especially for use in international travel and tourism. In contrast to conventional cheques, traveller's cheques must be paid in advance by the buyer. They can be cashed at most banks and many businesses in other sectors (shops, hotels, etc) subject to verification. Traveller's cheques are issued by banks, groups of banks or travel organizations and are made out in round amounts. Example: Swiss Bankers Travellers Cheque.
Industry:Banking
Also: stamp tax. Duty imposed in connection with the issuance of securities, the transfer of ownership of securities and other documents or deeds, and the payment of insurance premiums. In Switzerland, stamp taxes are regulated by the Federal Stamp Tax Law of 27 June 1973 (which has been revised several times since) and the related Ordinances. In securities trading, a distinction is made between stamp duty on newly issued securities and turnover tax (which is levied on a transfer of title). Stamp duty rates differ according to the legal and economic nature of the securities.
Industry:Banking
Abbreviation: VaR. Risk statistic that expresses the potential loss if a certain scenario occurs. In the case of banks, the value-at-risk is calculated daily.
Industry:Banking
