In financial services, the period after signing a contract during which customers are entitled to.

An order placed with a broker to purchase or sell stock, a commodity or financial instrument at.

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

See 'ATM.

Shares which entitle the holder to receive the capital appreciation from a split capital.

Taxation which is levied in an indirect way rather than being charged directly on an individual's.

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

(FNMA)In the US, a government-backed corporation which purchases mortgages from lenders and resells them.

A company's expenditure to acquire capital.

A mortgage which guarantees the interest rate charged will remain sandwiched between two specified.

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

Each taxpaying individual in the UK is entitled to an annual exemption of

A tax allowance which takes account of depreciation of certain types of business assets such as.

Gilts are fixed income or index-linked bonds issued by the UK Government.

A member of a commodity exchange, usually a commission house broker, through whom another broker or.

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

Total remuneration of an employee or director which includes salary and bonuses.

Income received from property letting is subject to income tax. The amount taxable is the amount.

(GAYE)The description used for schemes where a donation to your chosen charities is automatically deducted.

Where a life company pays commission to an agent, the company does so on the proviso it will be.