A list of investments in which a financial institution such as a mutual fund is authorised to.

A plastic payment card, issued by a bank or other financial institution, which enables the holder to.

When one listed company bids for another company (listed or private), and offers to pay in three.

(ADR)American depositary receipts are a convenient way for Americans to own shares in foreign.

An investment trust which satisfies certain conditions set by the tax authorities and accordingly.

A cash value life insurance policy with a fixed term. Premiums are applied to give life insurance.

Assets, purchased as a long term investment for generating profit, such as buildings, plant and.

In the US, this is a certificate of deposit with a denomination of $100,000 and above. They are.

A ruling by a court of law. An example is the ordering of a court to a person to settle a debt to.

Used to describe an option that is unlikely to go into-the-money prior to.

In the US, a computerised high speed communication system linking the banks within the Federal.

The instruction a client gives a broker to obtain a quote from a market maker on the price for a.

See 'Government National Mortgage.

An insurance policy arranged by either the buyer or the seller to insure goods against damage in transit. The appropriate Incoterm will determine the responsibility of the buyer or seller to arrange the insurance.

An investor who believes share prices are going to fall. He therefore sells shares, sometimes.

When reaching retirement age, a person can elect to defer payment of his/her state pension. The.

See: 'tracker.

The process of rendering a contract or deed null and void following a specified.

Tax allowances are concessions by the Inland Revenue which can be used to reduce a person's.

A model for generating expected equity returns. It is based on the premise that returns are the.