Home > Industry/Domain > Banking > 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.

Contributors in Investment banking

Investment banking

Euro Traveller's Cheque

Banking; Investment banking

Brand of travellers cheque accepted throughout the world and marketed by a large number of financial institutions.

Eurobond issue

Banking; Investment banking

Also: Eurobond. Bond issued on the Euromarket in a currency other than that of the issuer's country of origin.

Euroclear

Banking; Investment banking

International securities clearing system formed by banks and securities dealers for the collective custody and book-entry transfer of securities (initially primarily Eurobonds).

Eurocommercial paper

Banking; Investment banking

Abbr.: ECP or Euro-CP. Short-term money market paper issued by major first-class companies on the Euromarket without any underwriting commitment on the part of a bank or banking consortium. Very ...

futures contract

Banking; Investment banking

Also: future. Standardized contract traded on an exchange by which the seller undertakes to sell or buy a specified quantity of a commodity of a defined quality (commodity future) or a specified ...

intangibles

Banking; Investment banking

Also: intangible assets. Identifiable non-monetary asset without physical substance held for use in the production or supply of goods or services, for rental to others, or for administrative ...

settlement date

Banking; Investment banking

Prespecified day (towards the end of the month) on which the forward and futures transactions concluded previously are paid and delivery is made on the exchanges (liquidation date).

Featured blossaries

The Best Smartphones of 2014

Category: Technology   1 10 Terms

Byzantine Empire

Category: History   1 20 Terms