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UBS AG
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.
Strategy used to protect a position or an entire portfolio against losses.
Industry:Banking
Cheque used by the drawer to withdraw cash from his account.
Industry:Banking
Abbr.: CPR. Method of expressing the prepayment rate for a mortgage pool that assumes that a constant fraction of the remaining principal is prepaid each month or year.
Industry:Banking
Stamp duty levied by the Swiss government on issues of domestic equity securities and bonds.
Industry:Banking
Abbr.: WAL. Maturity of each position in a mortgage pool or other debt instrument portfolio weighted by the value of the position to compute an average maturity for the pool.
Industry:Banking
Component of certain derivatives that protects the investor against a significant loss on the original investment. Takes the form of a minimum repayment guarantee.
Industry:Banking
Type of credit granted to economically weak countries to subsidize the cost of exports and facilitate trade. The loan consists of a tranche on preferential terms (government tranche) and a tranche on market terms (bank tranche).
Industry:Banking
Also: payout diagram; payoff profile. Graph representing the correlation between the amount paid out for a derivative on maturity and the spot price of the underlying.
Industry:Banking
Also: close an account. To calculate the balance of an account accrued up to the closing date, including interest and expenses.
Industry:Banking
Also: accumulation fund, growth fund. Investment fund that reinvests most of its income. The continuous reinvestment of income further enhances performance thanks to the compound interest effect.
Industry:Banking