In the US, a power of attorney which, subject to conditions and safeguards, continues in force even.

An expression used to describe the market in the underlying instrument (for example, shares,.

The difference between the selling price and the purchase price for investments.

An axiom whose underlying message is that stock market prices rise when there are positive rumours.

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

Stocks whose dividend payouts are high as a proportion of their share price. This could either be.

A transaction in which the purchaser of goods pays an initial deposit and takes possession. .

(Bridging loan)See 'gilt-edged stock'.

The process of payment clearance between two.

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

A person in possession of a negotiable instrument such as a bill of exchange or promissory.

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

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

The number of stocks participating in either a rally or a.

An agent, broker or financial institution who can give advice and act as a middle person between a.

A note, issued to a person or company when goods are returned by them, which cancels the original.

Some unit trusts offer a floor price and guarantee their bid price will not be allowed to fall.

The movement of assets in one mutual fund or unit trust to another within a range of funds with.

This is an INCO term and explains what the price quoted represents and the responsibility of the buyer and seller in relaton to arranging for the various costs associated(e.g. insurance, freight, duties) with the shipment. It is normally used in sea or ai ...

See: 'discretionary.