A credit rating given to a government or coporate bond which indicates that the agency giving the.

A scheme designed to allow homeowners to 'release' cash from the value of their property. They.

An authorised company which provides.

A sales incentive, commonly used on mortgages, which gives customers a cash sum as soon as the deal.

A group of individuals who combine their capital and invest it collectively. The advantage of these.

An accounting term which refers to the amount a company pays in the form of interest on cash.

In the US, assets owned by a company but undervalued on the balance sheet and accordingly not.

Coins made from gold or silver. They can be easily.

A company which holds the majority of shares in its subsidiaries. Also known as the parent.

An options expression which indicates the difference between the current price of the.

The price at which units in a unit trust are bought by investors. Also known as the offer.

Interest earned by deposits at banks and financial institutions, or on gilts etc. before.

A former state benefit payable after the expiry of state sickness benefit if a person was still.

A term used by some life companies which refers to the minimum sum payable by a life policy either.

See: 'National Insurance (NI).

Directly or indirectly taking the opposite side of a customer's order into the handling broker's own.

Assets of a company such as buildings and machinery which are regularly used over a long period of.

(DTC) In the US, the Depository Trust Company (DTC) is a national clearing house for the settlement of.

(EFTA) An association of countries (originally comprising Denmark, United Kingdom, Austria, Switzerland,.

A fall in the price of shares, either of one company or a sector or the whole market, which is.