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

A bond with a single maturity date and no opportunities for early.

(DTB)The German derivatives exchange, where the bund, Euromark futures and Dax futures and options.

A broker who not only deals in stocks and shares on behalf of his client, but who also makes the.

The amount which shareholders own in a publicly quoted company. Equity is the risk-bearing part.

Latin for 'let the buyer beware'. This implies a buyer must ensure that goods about to be.

A bonus declared by life companies when maturity of a with profits policy or death of the assured.

See: 'gilt-edged.

A method of calculating the net asset value of a company, for example an investment trust, after.

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

A plastic payment card which allows the owner to obtain goods and services without the.

A mutual organisation whose funds, after the deduction of running costs, are owned by its.

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

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

An endowment policy in which the savings element is significantly.

A person or company acquiring.

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

(IPT)A tax imposed on certain insurance premiums where the risk is located in the.

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

A life policy in which there is a minimum sum payable on the death of the life.