Investment banking

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

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Investment banking

ticker symbol

Banking; Investment banking

Abbreviation of a share name for identification purposes, e.g. UBS N for registered shares of UBS AG.

special crossed cheque

Banking; Investment banking

See crossed cheque.

debenture stock

Banking; Investment banking

US: infrequently used name for preferred stock. UK: an obligation or debt due from a company and secured by a trust deed, usually with real estate property as collateral.

ex dividend

Banking; Investment banking

A share is quoted ex dividend when the amount of the dividend has been deducted from the price. When a stock is dealt ex dividend, the buyer has no right to the last dividend, only to the next one.

gold coin

Banking; Investment banking

Coin minted from gold or gold alloys. Some gold coins are still valid as legal tender. In practice, however, all gold coins are traded at their market value, which is subject to continual ...