Tender

Tender

Selling technique in the issuing business whereby the price/return are not defined by the issuer or seller but instead on the basis of bids submitted by the investors or buyers.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Banking
Category: Investment banking
Company: UBS
Product:
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Related terms

tender

Restaurants; Misc restaurant

A tenderloin.

tender

Professional careers; Sales

A process a government agency or business follows to seek quotes for required goods or services, typically an involved process that requires strict adherence to specification ...

tender

Financial services; Commodity exchange

To give notice to the clearinghouse of the intention to initiate delivery of the physical commodity in satisfaction of the futures contract.

tenderness

Weddings; Honeymoons

A tendency to express warm, compassionate, or affectionate feelings, delicate or intimate physical contact.

e-tendering

Law; Contracts

An internet based process wherein the complete tendering process; from advertising to receiving and submitting tender-related information are done online. This enables firms to be ...

tender

Transportation; Railway

The vehicle attached to a locomotive carrying water and coal (or other fuel). Some locomotives do not have tenders - see Tank Locomotive. The name 'Tender Locomotive' is sometime ...

dirty floating

Banking; Investment banking

Currency policy which in principle recognizes the free movement of exchange rates but where interventions are nonetheless made with some frequency in an attempt to influence the ...

economic viability

Banking; Investment banking

Credit system mainly used in property financing and defined as the burden on the borrower's income (expressed as a percentage) that the cost of a property will incur.

summary bill enforcement procedure

Banking; Investment banking

Especially rapid summary bankruptcy proceedings brought against bill and cheque debtors whose names are entered in the commercial register.

share index

Banking; Investment banking

Indicator showing changes in the average prices of shares or groups of shares on the stock market. In Switzerland the most commonly used equity price indices are the Swiss ...

benchmark

Banking; Investment banking

Reference parameter (e.g. a share index or an index portfolio) used to compare the performance of a portfolio. A benchmark that is an index is also called a reference index.

standing order

Banking; Investment banking

Payment product which enables the client to give an order to the bank to make regular payments for the same amount and execution date.

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