The true owner of a security or property which may be registered in another name.

Entity to whom money is payable.- The entity for whom a letter of credit is issued. - The seller and the drawer of a draft.

A computerised database of some 50,000 investment firms which have been authorised to conduct.

A term used by the London Stock Exchange to denote that a transaction was reported using the block.

CUSIP is the trademark for a system that uniquely identifies securities trading in the United.

A loan made by an employer to an employee on which interest is either not charged or is less than.

The time between periodic billings for goods and services, typically one.

In the US, an annuity which guarantees payments to an annuitant which are fixed for life or a.

The market of securities trading without the participation of brokers, thus obviating commission.

The addition of a per unit tax

(PSO)See: 'Pension Schemes Registry' of the Inland.

An index of the share prices of 30 leading companies in the UK selected to depict British.

(GNMA)In the US, a government-owned corporation which guarantees payment of interest and principal of.

International Organization of Securities Commissioners In the US, this organisation encourages co-operative policies on market regulation, surveillance,.

Bank for International Settlements The central bankers' bank, based in Basle,.

Automated Communications and Order Routing Network (BEACON)

The shares of companies participating in high technology fields such as computers, semiconductors.

A person who commits to guarantee the debts of another. For example if an individual fails to meet.

A bond which does not record its owner's name. Possession of the bond certificate is therefore the.

The number of shares of a company on sale to the public at a given time.