A system for the distribution of bank giro credits and other credits between banks to enable funds.

One of the main USA share indices which monitors the movement of 30 industrial companies traded.

A region in which businesses get special tax advantages (including exemption from business rates) as.

When an option holder takes up his option to buy or sell the underlying instrument (for example.

An accounting term which refers to the amount of income a company receives in the form of interest.

Said of a vessel when she is entirely surrounded by ice.

Surface resistance to relative motion, which slows down movement and causes heat.

A sail attached to the boom at the tack and clew, but not along the foot, or a fore-and-aft sail which is set without a boom.

Letter of credit in which the specified payment is guaranteed by the bank if all terms and conditions are met by the drawee and which cannot be revoked without joint agreement of both the buyer and the seller.

A small flat bottomed boat square at either end.

To stop the running out of a line by taking a turn around a cleat, piling, etc.; to suddenly stop or secure a line. A ship with too much way can be snubbed by letting an anchor go.

ACRONYM - MATERIAL SAFETY DATA SHEETS

In the UK the four large clearing banks: Lloyds TSB, Barclays, HSBC and Royal Bank of.

Said to contain.

Person who decoys a seaman from his ship and gains money by robbing and, or, forcing him on board another vessel in want of men.

To mark a course on a chart.

To subject petroleum oil to heat for breaking down into lighter products.

The space between a hanging ceiling and the floor above or roof; usually contains HVAC ducts, electrical wiring, fire suppression system piping, etc.

Amount of water, expressed as a depth or as a mass, which would be obtained if all the water vapor in a specified column of the atmosphere were condensed and precipitated.

A pattern or template. Also a shape of metal or wood over or in which an object may be hammered or pressed to fit.