| A |
Acceptance
Acceptance credit
Acceptance with delivery of documents against payment
Accessoriness
Accident (insurance)
Accident statement
Accounting currency
Accrued interest
Additional insurance guarantee
Additional premium
Administrative fee
Advance payment
Advance payment guarantee
Advance withdrawal
Advances
Advances of claims
Advantages under inheritance and debt collection law
Advantages under succession law, inheritance privileges
Advice of fate (collection)
Affiliation contract, occupational pension provision
Affilliation contracts
AG
Age at issue
Age at maturity
Agency fee
Agent
Agio
AGM
AHV compensation fund
AHV salary
Aktiengesellschaft
Alteration (letter of credit)
Amendment
American-style option
Amortisation
Amortisation obligation
Amount of the guarantee (guarantee transaction)
Annual payment
Annuity fund
Annuity insurance
Annuity phase
Application
Application (2)
Application (for insurance)
Arbitrage
Ask
Ask size
Asked price
Asset allocation
Asset allocation fund
Asset class
Asset formation insurance
Asset management
Assets
Assignment
Assignment (2)
At first request (collection)
At market order (at best)
ATA CARNET (carnet for the temporary admission ofgoods)
Auditors
Automatic premium adjustment
Availability clause
Aval (bill of exchange guarantee)
Average maturity
AVIG
AWB (air waybill) |
| B |
B/L (bill of lading)
Back-to-back letter of credit
Balance sheet
Bancassurance
Bank guarantee
Bankruptcy moratorium
Basket
Bearer bill of lading
Bearer share
Benchmark
Beneficiary
Beneficiary clause
Beneficiary clause, fixed pension plans
Beneficiary clause, flexible pension plans
Beneficiary under a guarantee
Bid
Bid bond (tender bond)
Bid bond (tender bond) 2
Bid guarantee (tender bond)
Bid price
Bid size
Bid/ask
Bill of exchange discounting
Bill of exchange guarantee (aval)
Bill of lading
Bills of exchange
Blue chips
Bond
Bond fund
Bond issue
Bonus
Bonus (life insurance)
Bonus (motor insurance)
Bonus share
BOO (Build Operate Own)
Book claim
BOT (Build Operate Transfer)
Break-even point
Breakage costs
Broken-period interest
Broker
Brokerage fees
Build Operate Own (BOO)
Build Operate Transfer (BOT)
Building contractor’s guarantee
Buildings insurance
Business interruption insurance
Buyer
Buyer credit / export loan
Buyer’s bank - financing
BVG
BVG age
BVG application
BVG pension fund benefits
BVG salary
BVV2 |
| C |
Calculation of conformity
Call
Call warrant
Cancellation (letter of credit)
Cancellation of securities
Capital gain
Capital growth fund
Capital increase
Capital market
Capital Protected Unit (CPU)
Capital reduction
Capital risk
Capital-accumulating life insurance
Capitalisation
Capitalised income value
Carnet de passage en douane pour l’admission temporaire (CARNET ATA)
Carriage and insurance paid to (… named place of destination) (CIP)
Carriage paid to (… named place of destination) (CPT)
Carrier
Cash
Cash flow
Certificate
Certificate of origin
CFR Cost and freight (… named port of destination)
Change (abs.)
Change in %
Charter party
Check
Cheque
Child’s pensions
CIF Cost, insurance and freight (… named place of destination)
CIM (rail waybill)
CIP Carriage and insurance paid to (… named place of destination)
Claim (guarantee utilisation)
Claim (SERV financing)
Claims (guarantee utilization)
Clean collection
Closed-end fund
Closing a position
Closing price
CMR (road consignment note)
Co-ordination deduction
Collateral value
Collecting bank
Collection
Collective pension foundation
Combined transport document (Multimodal transport document)
Commercial invoice
Commercial loan / finance loan (export financing credit)
Commercial paper
Commercial terms (Incoterms)
Commission
Commissioning
Commitment fee (non-utilisation commission)
Commodities
Compensation effect of bank guarantees
Compound interest
Compound yield
Comprehensive advice
Comprehensive insurance
Compulsory insurance
Concealment
Concluding contracts
Conclusion
Confirmation (letter of credit)
Confirmed letter of credit
Confirmed payment order
Consignee / consignor
Consolidation
Contingent currency risk (ERG)
Contingent liability
Contributions, occupational pension provision
Conversion rate
Convertible bond
Correlation
Correspondent bank
Cost and freight (… named place of destination) (CFR)
Cost, insurance and freight (… named port of destination) (CIF)
Cost-of-living adjustments
Country fund
Country risk
Country-specific aspects (guarantee transactions)
Coupon
Coupon date
Coupon, part of a security
Cover
Covering
CPT Carriage paid to (…named place of destination)
Credit agreement
Credit card guarantee
Credit guarantee
Credit insurance
Credit rating
Cross-border leasing
Cumulative volume
Currency
Currency risk
Current market value
Custodian bank
Customer
Customer risk (del credere risk)
Customs guarantee |
| D |
DAF delivered at frontier (… named place)
Daily allowance
Damage caused by backwater
Damage caused by earthquakes
Damage caused by natural forces
Damage to goods in charge
Danger
Date
Date of commissioning
Date year high
Date year low
DAX
Days of respite (days of grace)
DDP Delivered duty paid (…named place of destination)
DDU Delivered duty unpaid (…named place of destination)
Dealer’s number plate
Death benefit
Decursive
Deductible
Deferral period
Deferred payment (letter of credit)
Defined benefit scheme
Defined contribution scheme
Defined retirement credit scheme
Del credere risk (collection risk)
Delivered at frontier (… named place) (DAF)
Delivered duty paid (… named place of destination) (DDP)
Delivered duty unpaid (… named place of destination) (DDU)
Delivered ex quay (… named port of destination) (DEQ)
Delivered ex ship (… named port of destination) (DES)
Delivery (collection)
Delivery slip (confirmation of receipts by courier)
Denomination
Deposit
DEQ Delivered ex quay (… named port of destination)
Derivatives
DES Delivered ex ship (… named port of destination)
Dilution of capital
Direct guarantee
Direct investment
Disability
Disability insurance, IV
Disability pension, occupational pension provision
Disabled person’s child’s pension, occupational pension provision
Disagio
Discount
Discount in advance
Discount rate
Discrepancies (letter of credit)
Discretionary management agreement
Disease
Dismemberment schedule
Distribution
Distribution fund
Diversification
Dividend
Dividend-right certificate
Documentary collection
Documentary credit
Documentation
Documents against acceptance (D/A) (collection)
Documents against payment (D/P) (collection)
Double insurance
Double taxation
Dow Jones Euro Stoxx 50 Index
Dow Jones Industrial Average Index
Draft (bill of exchange)
Drawee
Drawn Draft (Bill of exchange)
Due date / maturity date
Duration
Duty to minimise loss |
| E |
ECA (Export credit agency)
Economic rights
EL
Emergency address (collection)
Emerging markets
Emerging markets fund
Employee pension benefit plan
Encouragement of home ownership
End of contract
End-of-period closing
Endorsement
Endowment insurance
EO
Equity
Equity capital
Equity fund
ERG (Export risk guarantee)
Estate
EUREX
Euromarket
European-style option
Evergreen clause
EVG
Ex works (… named place)
Ex works (… named place) (EXW)
Excess
Exchange
Exchange rate risk / currency risk
Exclusions
Exclusions 2
Exemption from contributions in the event of disability
Exemption from payment of premiums
Exercise period
Exercise price
Exercise price 2
Expiry date
Expiry of claims
Export credit
Export credit agency (ECA)
Export factoring
Export financing
Export financing credit (finance loan / commercial loan)
Export financing with insurance cover
Export leasing (cross-border-leasing)
Export loan / buyer credit
Export risk guarantee (ERG)
Exporter / supplier |
| F |
FAC (Final acceptance certificate)
Factoring
FAS Free alongside ship (…named port of shipment)
FBC
FC
FCA Free carrier (… named place)
FCR (Forwarder’s certificate of receipt)
Federal guarantee
Federal Office of Private Insurance, FOPI
Federal Old Age and Survivors’ Insurance (AHV)
Federal Social Insurance Office, FSIO
Fiduciary
Fiduciary agreement
Fiduciary commission
Fiduciary investment
Fiduciary time deposits
Final acceptance certificate (FAC)
Final age
Finance loan (export financing credit)
Finance loan (export financing credit) 2
Financial documents
Financial leasing
Financial loss insurance
Fire insurance
First pillar
Fixed-interest security
Fixed-term deposits
FL
Flexible pension provision
Flexible pension provision 2
FOB Free on board (… named port of shipment)
Footsie
FOPI
Foreign currency policy
Foreign exchange
Foreign lending exposure
Forfaiting
Forfaiting 2
Forward pricing
Forward transactions
Forwarder’s certificate of receipt (FCR)
Foundation
Frame loan (credit line / guarantee ceiling)
Free alongside ship (… named port of shipment) (FAS)
Free carrier (… named place) (FCA)
Free on board (… named port of shipment) (FOB)
FSIO
FTSE 100 Index
Fully comprehensive cover
Fund management
Fund management company
Fund of funds
Fund portfolio
Fund regulations
Future value
Futures |
| G |
General contractor
General insurance provisions, GIP
Genome analysis
GIP
Glass insurance
Global cover
Going public
Government supervision
Green card
Green clause letter of credit
Gross national product (GNP)
Gross negligence
Group health insurance
Group of persons
Guarantee
Guarantee 2
Guarantee ceiling/credit line (framework loan)
Guarantee covering Carnet ATA
Guarantor bank
Guidelines of the International Chamber of Commerce (ICC) Publication no. 325, 1978
Guidelines of the International Chamber of Commerce (ICC) Publication no. 458, 1992
Guidelines of the International Chamber of Commerce (ICC) Publication no. 500, 1993
Guidelines of the International Chamber of Commerce (ICC) Publication no. 522, 1995
Guidelines of the International Chamber of Commerce (ICC) Publication no. 525, 1995 2
Guidelines of the International Chamber of Commerce (ICC) Publication no. 590, 1998 |
| H |
Hail insurance
HAWB (house air waybill)
Health check
Health insurance
Health insurance schemes
Hedge fund
High
Historical volatility
Holding company
Hospital charges and daily allowance during hospitalisation
House air waybill (HAWB)
Household contents insurance
Hull insurance (partially comprehensive and fully comprehensive cover) |
| I |
IFA
Imperative provisions
Implied volatility
Importer
In advance
In-house pension scheme
In-the-money option
Inability to work
Inability to work 2
Inclusions at no surcharge
Incoterms (commercial terms)
Index
Index fund / tracker fund
Index-linked life insurance
Index-linked life insurance 2
Indexation
Indirect guarantee
Indivisibility of the premium
INFAS
Inflation
Inheritance
Inheritance law
Inheritance privileges
Initial Public Offering (IPO)
Insolvency
Instrument payable to bearer
Insurable value
Insurance against loss or damage
Insurance application
Insurance benefit
Insurance certificate
Insurance claim
Insurance contract
Insurance cover
Insurance document (insurance policy, insurance certificate)
Insurance line
Insurance of fixed sums
Insurance of persons
Insurance of valuables
Insurance policy / insurancecertificate
Insurance year
Insured person
Insured persons, occupational pension provision
Insured sum
Insurer
Integrity payment
Interest
Interest coupon
Interest date
Interest period
Interest rate fixing
Interest rate risk (risk sharing)
Interest rate, occupational pension provision
Interest-bearing accrual of capital
Interim generation
International standby practices (ISP98)
Intraday trading
Intrinsic value
Investment
Investment company
Investment currency
Investment foundation
Investment fund
Investment fund income plan
Investment fund savings plan
Investment policy
Investment regulations, life insurance
Investment strategy
Investments
Irrevocable letter of credit
ISIN
Issue
Issue price
Issuer
Issuing bank (letter of credit bank)
Issuing commission
Issuing fees
Issuing price
IV |
| J |
Joint and several guarantee
Junk bond fund
Junk bonds |
| K |
KVG |
| L |
Last
Law of large numbers
Law on bills of exchange
Lead bank
Lead manager commission (agency fee)
Lease financing / leveraged Financing
Leasing
Legal expenses insurance
Legitimation effect of bank guarantees
Lending commitment period (export financing)
Lending limit
Letter of comfort
Letter of credit
Letter of credit applicant
Letter of credit notification
Letter of credit opening
Letter of credit utilisation
Letter of indemnity (LOI)
Level premium method of insurance
Leveraged financing / Lease Financing
Liabilities
Liability insurance
Liability of garages
Liability to pay
LIBOR
Life annuity
Life annuity period
Life insurance
LIFFE
Limit
Liquidity
Listing
Livestock insurance
Loan
Loan agreement (credit agreement)
Loan periods (export financing)
LOI (letter of indemnity)
Lombard loan
Lombard rate
Long call/put
Low
Lump-sum option, occupational pension provision
Lump-sum payment in the event of disability |
| M |
Management board of the pension fund
Management fee
Marine insurance
Market maker
Market price
Maturity date
Maturity value
Medical examination
Medical examination 2
Medical expenses
Medium-term notes
Membership rights
Mid caps
Middle rate
Mixed credit / soft loan
Mixed endowment insurance
Mixed investment fund
Money market
Money market fund
Money market investments
Money market paper
Monopoly (insurance monopoly)
Morbidity table
Mortality tables
Mortgage bond
Motivating effect of bank guarantees
Motor liability insurance
Moveables
Multimodal transport Document
Multiple taxation
Mutual fund
MV |
| N |
Name
NASDAQ
National Substitute Pension Plan
NAV
Negotiable credit
Negotiable instrument
Net asset value (NAV)
Net portfolio yield
Net value, capital-accumulating life insurance
Net yield to maturity
New markets
Nikkei Index
Nominal value
Non-negotiable sea waybill
Non-utilisation commission
Notification of guarantees (transmission of bank guarantees)
Notification of letters of credit |
| O |
Obligation to exercise due caution
Obligation to notify
Occupational benefits institution
Occupational benefits institution, autonomous
Occupational benefits institution, closed-end fund
Occupational benefits institution, full cover
Occupational benefits institution, semi-autonomous
Occupational disability
Occupational disability insurance
Occupational illness
Occupational pension provisio
Occupational pension provision, Pillar 2
Odd lot
OECD consensus
Office of the SERV
Offshore financial centres
Ombudsman
On board
On deck
On-board bill of lading
Onshore
Open
Open account
Open-end fund
Operational leasing
Option
Option premium
Option ratio
Options transactions
Order paper
Ordinary share
Orphan’s pension
Out-of-the-money option
Outperformer
Overinsurance
Overweighting
Owner-occupied residential property |
| P |
P/E
PAC (provisional acceptance certificate)
Paid-up value
Paper
Par value
Parity
Partial delivery (guarantee transactions)
Partial loss
Partially comprehensive cover
Participation certificate
Participation fee
Participation in profits
Passenger insurance
Pay-as-you-go system
Payment guarantee (payment default guarantee)
Payment obligation (guarantee transactions)
Payment under subscription
PC
Pension
Pension actuary
Pension capital
Pension certificate
Pension claim
Pension foundation
Pension fund
Pension fund assets
Pension fund regulations
Pension mortgage
Pension policy
Pension policy 2
Pensionable salary, BVG
Pensioner’s child’s pension, occupational pension provision
Performance
Performance bond
Performance bond/performance guarantee
Permanent total disability insurance
Personal insurance certificate
Personal liability insurance
Personal provision
Personal retirement provision
PKU
PL
Place
Pledging
Policy
Policy loan
Policy loans
Policy on another party
Policy reserve
Policyholder
Political risk
Portability
Portable benefits foundation
Portable benefits policy
Portable pension benefits / vested pension benefits
Portfolio
Portfolio analysis
Portfolio fund
Postal service receipts
Pre-market
Preference share
Preferred share
Premium
Premium (agio)
Premium account
Premium level
Premium payer
Premium refund
Premium waiver
Premium waiver in the event of incapacity to work
Present value
Presentation (documentary collection)
Presenter
Presenting bank (documentary collection)
Previous
Price/earnings ratio
Primacy, occupational pension provision
Primary market
Principle of regularity
Prior claim in the case of bankruptcy
Private insurance
Problem-solving approach
Production period
Production risk
Profit taking
Profitability
Profits and losses on investments
Project financing
Prolongation of a bill of Exchange
Promissory note
Promotion of home ownership
Property insurance
Protection against non-performance
Protective target approach
Protest
Provisional acceptance certificate (PAC)
Pure endowment insurance
Pure endowment insurance 2
Pure endowment insurance 3
Put
Putting into operation |
| Q |
— |
| R |
Rail waybill
Rally
Ratio
Real estate fund
Received-for-shipment bill of Lading
Recourse
Recourse 2
Red clause letter of credit
Redemption charges
Redemption commission
Redemption instalment
Reference currency
Reference index
Reference price
Region fund
Register for occupational pension providers
Registered paper
Registered share
Registered share with restricted transferability
Registration
Regulations
Reimbursement (letter of credit)
Reimbursing bank
Reinstatement
Reinsurance
Reinvestment
Reinvestment discount
Remaining term to maturity
Remitting bank (documentary collection)
Rental guarantee
Repay rate
Replacement value (insurance)
Reservations
Reserve for outstanding claims
Restriction on transferability
Retirement account
Retirement age
Retirement assets, occupational pension provision
Retirement capital
Retirement capital, occupational pension provision
Retirement credits, occupational pension provision
Retirement funds
Retirement pension
Retirement pension, occupational pension provision
Retirement pension, private pension provision
Retirement provision
Retirement safekeeping account
Returned goods (documentary collection)
REVEXUS
Revocable letter of credit
Revolving letter of credit
RIC
Right of redemption
Right of termination
Riot insurance
Risk
Risk analysis
Risk diversification
Risk insurance
Risk sharing
Road consignment note
Rollover credit
Round lot |
| S |
Safekeeping account
Safekeeping account charge
Safekeeping account for vested pension benefits
Salary
Sales force
Sales prospectus
Savings account for vested pension benefits
Savings period
Savings premium
SCC
SCO
Scorch damage
Second pillar
Second-line stocks
Sector
Sector fund
Securities
Securities 2
Security
Security fund
Security ID number
Security number
Sell option
Seller
SERV (Swiss Export Risk Insurance)
SERV covered export credit
Share
Share capital
Share index
Shareholder value
Short call / put
Short sale
Short selling
SICAV
Sight letter of credit
Simple surety bond
Single premium
Small caps
SMI
Social insurance
Soft loan / mixed credit
Source tax
Special measures
Special provisions
SPI
Spread
Staff pension fund commission
Staff pension scheme
Stand-by letter of credit
Start of contract
Start-up company
State of the art
STF (Structured trade finance)
Stock split
Stop loss limit
Stop-loss / stop-buy order
Straight bill of lading
Strict liability
Strike
Strike price
Structured trade finance (STF)
Sub-underwriting guarantee
Subscription
Subscription ratio
Subscription right
Supervision, occupational benefits institutions
Supervisory authority
Supervisory authority, Federal Office of Private Insurance
Supplementary benefits
Supplementary insurance
Supplier credit
Surcharge
Surplus
Surplus participation
Surrender
Surrender value
SUVA
SVV
Swiss Federal Banking Commission (SFBC)
Swiss Federal Law on Accident Insurance, UVG
Swiss Federal Law on Obligatory Unemployment Insurance and Compensation in cases of Insolvency, AVIG
Swiss Federal Law on Occupational Retirement, Survivors’ and Disability Pension Plans, BVG
Swiss Federal Law on Supplementary Benefits to Old Age, Survivors’ and Disability Pensions, ELG
Swiss Federal Law on Vesting in Pension Plans
Swiss withholding tax
Switching
SWX
Symbol
Syndicate leader (syndicated credit)
Syndicated credit
Syndicated credit / loan
Syndicated loan
Syndicated operations (guarantees) |
| T |
Tariff
Tax advantages of a single premium
Tax advantages of an annual premium
Tax leverage leasing
Tax regulations
Technical insurance
Technical interest rate
Tender bond (bid bond)
Term
Term insurance
Term life insurance
Term of cover
Theft insurance
Third pillar
Three pillar system
Three-pillar concept
Three-pillar system
Through bill of lading
Tied pension provision
Time deposits
Time of last
Time of request
Time value
Time value premium
TORO
Tortious liability
Tracer (collection)
Trading currency
Trading price
Trading stop
Transactional trade finance (TTF)
Transfer credit
Transfer of ownership
Transfer risk
Transferable letter of credit
Transmission of bank Guarantees
Travel insurance
Truck waybill (road consignment note)
TTF (Transactional trade finance)
Turnaround
Type
Types of guarantee
Types of guarantees 2 |
| U |
UCP (Uniform Customs and Practice for Documentary Credits)
Umbrella fund
Unconfirmed letter of credit
Underinsurance
Underlying
Underlying instrument
Underweighting
Unemployment insurance law
Uniform customs and practice for documentarycredits (UCP) (Guidelines of the International Chamber of Commerce (ICC) Publication no. 500 1993)
Uniform rules for collections (Guidelines of the International Chamber of Commerce (ICC) Publication no. 522, 1995)
Uniform rules for contract guarantees (Guidelines of theInternational Chamber of Commerce (ICC) Publication no. 325, 1978)
Uniform rules for guarantees payable on demand (Guidelines of theInternational Chamber of Commerce (ICC) Publication no. 458, 1992)
Uniform rules for bank-to-bank reimbursements under documentary credits (Guidelines of the International Chamber of Commerce ICC Publication no. 525, 1995)
Unit certificate
Unit trust
Unit-linked life insurance
URC (uniform rules for collections)
Usance L / C
UVG |
| V |
VAG
Valid for the next stock exchange session
Value date / currency clause
Value-safeguarding clause (currency clause)
VAT guarantee (value added tax guarantee)
Venture capital
Vested benefits
Vested benefits 2
Vested benefits account
Vested benefits policy
Vested rights
VI
Volatility
Volume last
Voluntary insurance, occupational pension provision
Voluntary pension provision
VVG |
| W |
Waiting period
Waiting period (life insurance)
Waiver of premium
Warrant
Warrant 2
Water damage insurance
Watercraft / aircraft insurance
Whole life assurance
Widow’s, widower’s pension
Withdrawal, occupational pension provision
Withholding tax
Without recourse |
| X |
XETRA |
| Y |
Year high
Year low
Yield
Yield to maturity |
| Z |
— |