2 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
Vreneli
Banking; Investment banking
Swiss 20-franc gold coin featuring the head of a woman. A Swiss 10-franc gold coin is known as a 1/2 Vreneli. The 20-franc pieces have a fine gold content of 5.806 grams and a gross weight of 6.45 ...
January effect
Banking; Investment banking
Capital market anomaly which often results in shares, especially those of small companies, outperforming in January compared with the rest of the year. One of the strongest seasonal trends, it is ...
Wall Street
Banking; Investment banking
In stock market jargon, synonymous with the New York Stock Exchange and the financial centre of New York. Wall Street is the street that runs through New York's financial district.
cash market; spot market
Banking; Investment banking
Also: spot market. The here-and-now market for immediate delivery and payment. Opposite: futures market.
exchange office; bureau de change
Banking; Investment banking
Also: bureau de change. Banking department/teller area that handles currency exchange and related business (such as coin dealing, traveller's cheques and letters of credit).
World Bank
Banking; Investment banking
Name commonly used for the International Bank for Reconstruction and Development. Like the International Monetary Fund, it was established in 1944 at Bretton Woods (USA) and has its headquarters in ...
