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

fill-or-kill order

Banking; Investment banking

Stock exchange order that is executed immediately, i.e. matched with all orders within a specific limit. When a fill-or-kill order is issued on the Swiss stock exchange, the order must be executed ...

surety credit

Banking; Investment banking

Also: guarantee credit. A bank grants credit, thereby assuming liability for a bill guarantee up to a given amount (guarantee limit). See also contract bond, bill guarantee.

call price

Banking; Investment banking

Price at which a security can be redeemed when called.

efficiency

Banking; Investment banking

A portfolio is called efficient when there is no portfolio with lower risk for a given portfolio return or when there is no portfolio with a higher return for a given portfolio risk level.

crossed cheque

Banking; Investment banking

A cheque restricted in use by means of special endorsements. A general crossed cheque has two parallel diagonal lines across the face and may also be endorsed «& Co.» The bank on which a crossed ...

inverse interest rate structure

Banking; Investment banking

Also: inverse yield curve. Situation in which interest rates and yields for longer durations are lower than for shorter duration Normally, the interest rate or yield increases as the investment ...

macro

Banking; Investment banking

A hedge fund strategy that invests in currencies, exchange rates, commodities, gold, bonds and fixed-income securities and is based on fundamental analysis of the global macroeconomy. Macro hedge ...