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

defeased security

Banking; Investment banking

Securities that have been secured by another asset, such as cash or a cash equivalent, by the debt-issuing firm. Firms that have created defeased securities, which are typically bonds, will have ...

prime letter of credit

Banking; Investment banking

See back-to-back documentary credit.

bank clearing system

Banking; Investment banking

Settlement of mutual payments between banks. In Switzerland: Swiss Interbank Clearing.

ratio of positive months

Banking; Investment banking

Number of months with a positive performance divided by the total number of months.

exercise price

Banking; Investment banking

Price at which an option buyer can buy (call) or sell (put) the underlying securities, currencies, etc.

retail clients

Banking; Investment banking

Private clients. Those bank clients who do not qualify for professional or eligible counterparty status. Private clients, or retail clients as they are named under MiFID, are generally considered to ...

outperform

Banking; Investment banking

Rating of a stock relative to the relevant sector. Over a specific investment horizon, the stock's performance is expected to be at least 10% above that of the benchmark.