The 14 day period during which a new policy holder can cancel an insurance/assurance policy. This.

Purchase of shares without entitlement to current scrip issues. This entitlement remains with the.

A card, issued by a bank (or a building society in the UK), which guarantees the payment of a cheque.

The purchase of accepted term Bills of Exchange at a discount to allow for the funding of the advance from the discount date until the maturity date of the bills.

The forward part of a boat's main deck.

(1) To stop moving. (2) Usually air travels smoothly along both sides of a sail, but if the sail is not properly trimmed, the air can leave one of the sides of the sail and begin to stall. Stalled sails are not operating efficiently.

A body of water used to cool the water that is circulated in an electric power plant.

A moveable or fixed heater used to heat individual rooms.

An office, represented in most towns in the UK, where the public can obtain free advice on an.

An arrangement in which two parties exchange a series of cashflows in one currency for a series.

To take down a sail quickly; the entire action of getting a sail out of the wind and furling it.

Windward side of a vessel.

To stow or secure in a safe place. A top-mast is housed by lowering it and securing it to a lowermast.

A with profits life assurance bonus, normally added annually to the policy, which is based on the.

These are special foreign currency denominated bank cheques which customers can buy at any branch and send to their clients to pay off debts.

Stocks whose earnings have grown at an above average rate over a number of years and which are.

The amount of moisture which, if available, would be removed from a given land area by evapotranspiration. Expressed in units of water depth.

A small naval sword worn by midshipmen or their equivalents when in full dress uniform.

To develop a hole or break in the hull through which seawater could enter. Term originated from a sprung plank.

Customer designated as party paying for services.