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Glossary
Value of land | Value of a piece of land in relation to the economic possibilities for use. The value of land depends on location and geological properties as well as on the legal and technical possibilities for building on it. |
Variable-interest bonds | Bonds whose coupons change every quarter or every six months in line with the development of the respective reference interest rates. A commonly used reference interest rate is the Libor (London Interbank Offered Rate). |
Venture capital | This term refers to the provision of equity capital and also comprehensive management support for young companies with above-average growth potential. The capital is typically tied up in the company for five to ten years. An investment in venture capital is not without its risks, as there is often no balance sheet or other key financial statistics available on the companies. The valuations therefore mainly reflect the future prospects. |
Volatility | See risk. |
Important legal information - please read the disclaimer before proceeding.
Source: UBS Global Asset Management
UBS Global Asset Management does not assume any responsibility for the accuracy or correctness of the above glossary and its terms.
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