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

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

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

See 'American-style.

The coupling of salaries and pensions etc to the retail price index in order to make sure that the.

Dealings made on a stock exchange after its official closure time. These deals are rolled over and.

See 'allocation.

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.

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.

See: 'tracker.

The practice of acquiring a company, then selling parts of it, in the hope that the cash realised.

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

This is an irreversible guarantee given by the buyer's bank to pay a specific amount of money immediately or on a future date to the seller when he or she presents specific documents before a certain date and under the International Chamber of Commerce ru ...

A formal notification to the writer of an option from a clearing house that an option has been.

In the US, the document which the founders of a corporation submit to the relevant state for.

(cash against documents) or D/P (documents against payment) or D/P (documents against payment)

The date on which a Bill of Exchange or Letter of Credit becomes due for payment.

The traded value of an asset agreed by seller and.

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