20 Terms
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Investment banking
Of or relating to the business of underwriting, or acting as the client's agent, in the issuance of securities in order to assist an individual, commercial enterprise, corporation or government instution ro raise capital.
Industry: Banking
Add a new termContributors in Investment banking
Investment banking
Currency clause
Banking; Investment banking
A clause in a contract aimed at excluding the risk posed by the devaluation of a currency relating to a particular claim by fixing the applicable exchange rate between this currency and the foreign ...
Swiss Foundation for Accounting and Reporting Recommendations
Banking; Investment banking
Abbr.: ARR. Foundation whose remit is to standardise Swiss accounting principles. It is responsible for the Swiss Accounting and Reporting Recommendations.
Settlement day; declaration day; reference day
Banking; Investment banking
(1) Financial statements: cut-off date. (2) Exchange trading: the day on which liabilities arising from forward transactions have to be settled. (3) Dividend distributions: the day on which ...
Order book
Banking; Investment banking
Electronic memory device maintained by the Swiss Exchange. It contains all current buy and sell orders in price-time sequence for a specific security at a given moment.
Ask price
Banking; Investment banking
Price or rate at which securities, foreign exchange, foreign bank notes or precious metals are offered for sale. Price is marked A or a for asked. Opposite: bid.
Documents against payment
Banking; Investment banking
Abbr.: D/P. Notation used in foreign trade transactions indicating that documents may be handed over to the buyer only against payment.
Freight prepaid
Banking; Investment banking
Term used in commercial contracts indicating that the seller has paid the costs of freight beyond a named point to a second named point. Title to the shipment passes to the buyer at the first named ...