An economic situation in which there is a general fall in the level of.

A market in which sellers outnumber buyers and where the trend of share prices is consequently a.

The day on which the availability of a prospectus is advertised, and a flotation is officially.

The period, normally 30 days, during which an insurance policy remains in force even though the.

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

A dealer in shares prior to the event known as Big Bang in October 1986. Jobbers dealt with.

(FCM)In the US, an individual or organisation accepting orders to buy or sell futures contracts or.

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

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

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

In the simplest terms, the purchase and sale, or sale and purchase, of a security on the same.

(EPO)An initial public offering, or new issue of shares, in which the process of applying for shares.

A note, issued to a person or company indicating an amount.

A mortgage which guarantees the interest rate charged will not rise above a certain level. But it.

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

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

In the US, a reputable stock with a record of consistently high dividend payments to.

A pension plan in which benefits are dependent on contributions to and the growth of the pension.

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

A type of long term bond (loan), taken out by a company, which it agrees to repay at a specified.