6 Terms
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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
Add a new termContributors in Investment banking
Investment banking
contingent order
Banking; Investment banking
A stock exchange order that links two transactions so that one is contingent on the other and they can only be executed together. With a contingent order the proceeds of the sale of one security can ...
ring bank
Banking; Investment banking
Obsolete. A bank licensed to trade securities on a ring. See also stock exchange bank.
default interest
Banking; Investment banking
The rate of interest charged on an overdue debt, from the date of default to the date of eventual settlement.
financial statement
Banking; Investment banking
Also: accounts, annual accounts. The balance sheet and profit and loss account/income statement of a company prepared at the end of an accounting period.
banking centre
Banking; Investment banking
Place where banks are domiciled or are represented by business offices. In Switzerland only those localities are considered to be banking centres in which the Swiss National Bank maintains its own ...
composite index
Banking; Investment banking
A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time.
