An independent financial adviser whose income is derived from fees charged to customers rather than.

An interest-only mortgage ultimately repaid by the proceeds of an endowment assurance policy which.

See 'personal equity.

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

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

The theoretical price at which a futures contract should trade to be equivalent to the purchase.

Where a company provides an employee with a company motor car which is used privately in addition to.

Capital gains tax arises as a result of a 'chargeable event' - in the case of stock market.

The purchase of a put with a high strike price against the sale of a put with a lower strike price.

A company's expenditure to acquire capital.

In the stock market, an index is a device that measures changes in the prices of a basket of.

The first closing date is one of the milestones in the process by which one company takes over.

See: 'day.

(EPS)Earning per Share (EPS) = Earnings / Number of Shares in Issue

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

A term previously given to the most actively traded shares on the London Stock Exchange along with.

Money, in the form of notes and coins, which constitutes payment for goods at the time of.

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a.

The legal liability of two or more people for claims against or debts incurred by them jointly. If.

Stock in companies whose profits move in a cyclical manner, normally in phase with the economy. .