Look for:

Our offer for

Our Glossary



Page 1 of 3
<<
<
>
>>
s Wohnbaubank bonds s Wohnbaubank bonds are convertible residential bonds. The capital raised through s Wohnbaubank bonds is exclusively used for the construction of residential space in Austria. For private investors subject to Austrian tax the annual interest income of up to 4% is exempt from capital withholding tax irrespective of holding period and date of initial investment. This means that the yield after tax is higher than for ordinary bonds with the same rate of interest. Holders of s Wohnbaubank bonds may exchange them for participation certificates in s Wohnbaubank at a later point in time, should they wish to do so.
Secondary market Any security transaction happening after the issue.
Securities account Bank account that securities are deposited in.
Security Certificate representing financial rights, e.g. the right to interest payments or a share in the company. The best-known securities are shares, bonds, bills of exchange, cheques, and warrants.
Seniority Seniority ensures that the holder of a security has superior rights with regard to the issuer’s assets. In the case of the issuer’s bankruptcy, senior securities come with senior rights as to having their claims serviced from the bankrupt’s estate before any other claims. This special status vis-à-vis all other creditors is laid down by law.
Share A share certifies a participation in the equity capital of a company. Shareholder rights: voting right, right to a dividend, subscription rights (rights issue), right to a share in the case of winding up.
Share in a fund Security that certifies the joint pro-rata ownership in the assets under management of a capital investment fund.
Share index Contains a representative selection of shares that are weighted according to certain criteria in order to reflect the development of the market.
Share price Price at which supply meets demand.
Share/bond certificate Main certificate of a security.


Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.