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

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Investment banking

assented bond

Banking; Investment banking

US: Bond whose owners have agreed to reduced interest payments or a reduced repayment of principal on the basis of a reorganization or rescheduling plan. See also bond issue in default.

mandatory exchange trading rule

Banking; Investment banking

Requirement that during trading hours exchange members (e.g. on the Swiss Exchange) settle all orders up to a pre-agreed size (limit) via the exchange.

discretionary

Banking; Investment banking

Safeguarding, fiduciary. Used in banking for account and custody account maintenance with a management agreement. See also managed account.

waybill

Banking; Investment banking

A written list detailing goods included in a shipment by rail or road. Unlike a bill of lading, it does not have the status of a security.

indirect listing

Banking; Investment banking

Also known as indirect quotation. Term used in foreign exchange for a method of indicating currency prices, whereby one unit (or 100 units) of the home currency is expressed in units of a foreign ...