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

The setting of the price (which then remains fixed) for forward dealing. This occurs at the time.

See Advance Payment Guarantee, Bid Bond/Guarantee, Performance Bond/Guarantee.

The pressure encountered on the return side of a system.

A payment system in which the payer authorises the payee to take funds from his bank.

A private trust which empowers trustees to use their discretion in distributing funds to.

A moment of time which could be measured by the shaking of a sail as a sailing ship comes into the wind.

The aft edge of a sail, more commonly called the leech.

A connection or link between power systems that enables them to draw on each other's reserve capacity in time of need.

A registered trademark for plastic sheeting material that can be used as a vapor retarder. This plastic is used to make grocery bags. It is a long chain of carbon atoms with 2 hydrogen atoms attached to each carbon atom.

To place pieces of dunnage in between pieces of cargo in order to prevent shifting of the cargo.

Bread that was supplied to ships before bakeries were introduced on board.

Also known as PM, maintenance performed according to a fixed schedule involving the routine repair and replacement of machine parts and components.

An independent organisation, appointed by an exchange, which guarantees securities.

A product such as an automobile or appliance whose life expectancy is at least three.

Steps in the compression of a gas, In reciprocating compressors, each stage usually requires a separate cylinder, in dynamic compressors, each requires a separate rotor disc.

A sail placed forward of the mast, such as a jib; the sail set from the foremast on a schooner; the lowest square sail on the foremast of Square Riggers.

A security which gives the holder the right to acquire a share or bond at a specific price and date..

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

Is another term for saturated vapor pressure.