- 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.
Auch bezeichnet als aval. Unternehmen der gesamtschuldnerischen Haftung von der Endorser (durch Unterzeichnung der Rechnung) eines Wechsels der Ausfall des tatsächlichen bezogenen der Rechnung zu tun zu begleichen. Siehe auch Garantie.
Industry:Banking
(1) Synonym for key interest rate.
(2) The rate of interest charged by US/Canadian banks for first-class or prime short-dated commercial paper.
Industry:Banking
Abbr.: BESR. Payment slip used in Switzerland for the efficient, low-cost invoicing of domestic business transactions. Funds paid into the account are notified to the client (on data carriers or by file transfer) for automatic reconciliation of accounts receivable.
Industry:Banking
An order to or from the drawee (usually a bank), cheque holder or another named person, that is payable on demand and linked to specific formalities, to pay a specified sum of money. Unlike a bill of exchange, a cheque is not a means of credit but a means of cashless payment. In Switzerland, cheques may be drawn only on a bank or the Post Office where the cheque issuer has a credit balance available to cover cheque transactions. Cheques made out to the bearer can be transferred to others simply by handing them over. Crossed cheques are limited in how they can be used. See also traveller's cheque, correspondence cheque, crossed cheque, blank cheque, banker's draft.
Industry:Banking
Clause by which the bank reserves the right to reverse or cancel a credit entry if the countervalue of promissory notes and other debt certificates (such as bills of exchange, drafts and cheques) cannot be collected.
Industry:Banking
Also short-term rate. Interest rate applied on the money market. See also capital market rate.
Industry:Banking
Cancellation of participation rights in a public limited company, limited liability company or cooperative due to the shareholder, partner or member's failure to pay the subscription price of new shares or failure to pay a call duly made on them.
Industry:Banking
Inequalities of information, liquidity, expertise, etc. in the market. These can result in price, rate or interest-rate differences between different marketplaces at a given time.
Industry:Banking
Institution which offers bank-like services, e.g. asset management and loans, but which does not have a banking licence and is thus not accountable to the supervisory authorities.
Industry:Banking
