- 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.
Also referred to as a consortium. Group of companies that come together for a common purpose. See underwriting syndicate.
Industry:Banking
Full convertibility means a currency can be exchanged into other currencies with virtually no restrictions. See also partial convertibility, convertibility.
Industry:Banking
Risk of a trade failing to settle due to error, default or weaknesses in the settlement system.
Industry:Banking
Measure unit for oil equivalent to 42 US gallons or around 159 litres. Production statistics are published in barrel units, and prices for almost all the commonly known crude oil types are set in dollars per barrel.
Industry:Banking
Also: squeeze. Anglo-American term for the market situation in which short sales by bears vastly exceed the number of stocks freely available on the market and not in firm hands. This forces buyers (especially speculators who have sold short and must make purchases to cover their sales) to pay an excessively high price. See also bear, short sale.
Industry:Banking
Also: borrower. Private sector corporation or public authority raising capital for its own use by issuing securities on the public market.
Industry:Banking
Securitized claim to a share in the profit or dividend. Dividend coupons may be attached to regular shares, dividend-right certificates or participation certificates. Not customary in the United States. Opposite: fixed-interest securities.
Industry:Banking
The number of units of one or several types of goods that can be exchanged for one unit of money. In simpler terms, purchasing power is the ratio between money and goods, or how much money will buy in a specific country.
Industry:Banking
Also: middle price. Arithmetic mean between several rates, for example between the bid and asked rates. Another term for average rate.
Industry:Banking
(1) Change in the price of a security.
(2) Change in an index covering part or all of a market.
(3) Change in the income generated by a portfolio.
(4) Effect produced by the investment policy employed by an investment advisor or a fund management company measured against the investment targets.
Industry:Banking
