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

Add a new term

Contributors in Investment banking

Become a Contributors

Investment banking

letter of credit issuance

Banking; Investment banking

Letter by the bank of the applicant notifying the beneficiary that a letter of credit has been opened. See also documentary credit.

basis risk

Banking; Investment banking

Price risk inherent in forward transactions. Risk that the correlation between the price of a financial future and that of the underlying spot instrument could change so significantly as to diminish ...

coupon stripping

Banking; Investment banking

Coupon stripping is the act of detaching the interest payment coupons from a note or bond and splitting the security into a coupon sheet and a certificate, which is redeemed at face value on ...

opening

Banking; Investment banking

Period during a trading session when the system closes the order books, starts the opening procedure, establishes the opening price and determines the orders to be executed according to the matching ...

checkable deposits

Banking; Investment banking

Bank and postal checking account balances available at any time for transfers and conversion into cash.

kinebar

Banking; Investment banking

Gold bar bearing a forgery-proof «kinegramm».

monetary base

Banking; Investment banking

Banknotes and coins circulating in the private sector of the economy as well as giro (clearing) balances maintained with the central bank by commerce, industry and the banks. Another name is central ...