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

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

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

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

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

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

Someone who becomes an account holder with a building society in the hope that they will benefit.

A bond which was issued at a rating of AAA to BBB (investment grade) which has since fallen in.

A payment made by investors for new shares. The term would apply to payments made when a company.

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

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

In the US, the period between the time a policyholder makes an insurance claim and the time it is.

This is a trading term between buyer and seller where a seller agrees to deliver goods to a buyer before a payment is made and without any form of guarantee of payment.

A UK tax on gifts made by an individual, whether made during their life or after death. Replaced by.

The earnings of a company are its annual profits after deduction of tax, dividends to preference.

See: 'day.

MT 100 - bank payment on behalf of a customer.MT 400 - bank payment in settlement of a collection.MT 700 - bank issuance of a letter of credit.

A document, which legally transfers ownership of property from one party to another, most commonly.

A compulsory tax on employment and investment income.

An assurance policy usually taken out on two lives, typically husband and wife. Under this type of.