- Отрасли: 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.
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