9 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
Real interest rate
Banking; Investment banking
Interest rate calculated by subtracting the annual inflation rate from the stated (or nominal) interest rate. If inflation is higher than the interest rate, then real interest rates are negative.
Spot price
Banking; Investment banking
Also referred to as cash price. Current delivery price of a given commodity being traded on the cash market.
Sub-participation
Banking; Investment banking
(1) In the securities underwriting business: where banks that are not members of an underwriting syndicate participate in an issue; the sub-participating banks participate to a certain extent in the ...
Interest rate risk
Banking; Investment banking
Risk stemming from the influence of interest-rate changes on existing investments and loans and on the costs of future borrowings or liquidity to be invested in the future.
Unit certificate
Banking; Investment banking
Certificate of participation in an investment fund issued as a security without par value.
Stock exchange bank
Banking; Investment banking
Bank that trades in securities on the stock exchange.
Exchange rate
Banking; Investment banking
The rate at which one currency is exchanged for another. The average of the bid and asked prices is taken as the mean rate.
