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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
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Investment banking
coffee cup effect
Banking; Investment banking
Phenomenon whereby investors switch from a large to a small currency area, which has a greater impact on the small currency area than on the large one.
central mortgage bond institution loans
Banking; Investment banking
Long-term loans granted by the central mortgage bond institutions to their member banks to refinance credits secured by mortgage collateral.
pillar 3a
Banking; Investment banking
Component of Switzerland's three-pillar pension system. While contributions to pillar 1 (state pension) and minimum provisions under pillar 2 (occupational pensions) are required by law (compulsory ...
bill of exchange
Banking; Investment banking
Payment order written by one person (the drawer) directing another person (the drawee) to pay a certain amount of money at a specified future date to a third party. It designates a named beneficiary ...
prime rate
Banking; Investment banking
(1) Synonym for key interest rate. (2) The rate of interest charged by US/Canadian banks for first-class or prime short-dated commercial paper.