Banken for en verden i endring The bank for a ... - BNP Paribas

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Banken for en verden i endring The bank for a ... - BNP Paribas

• glossary

UNEP FI The United Nations Environment Programme Finance Initiative is a global partnership between the United Nations

environment programme and private financial institutions.

Voting right Right of a shareholder to vote in person or by proxy at General Meetings.

Warrant Certificate issued on a stand-alone basis or strippable from another security (share, bond) giving the holder the

right to acquire securities (share, bond). Warrants issued by financial institutions acting as market-maker give the

holder the right to purchase (call warrant) or sell (put warrant) various underlyings (interest rate, index, currency,

equities) at a fixed exercise price during a fixed exercise period. Although these warrants constitute options, they

cannot be sold short.

Work flow Process automation technology allowing the sequential transmission of digital documents and files to the various

people responsible for processing the data.

WEEE directive The European WEEE directive makes the recycling of Waste Electrical and Electronic Equipment (WEEE) mandatory

in the Member States. The directive requires manufacturers and importers of EEE to bear the cost of collecting

and processing waste electrical and electronic equipment.

Yield Indicator of the return on an investment, expressed in percent. For shares, the yield corresponds to the ratio

between the last dividend paid and the last share price.

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GLOSSARY

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