See: 'gilt-edged.

(DRP)A plan which allows private investors to reinvest cash dividends from their investments cheaply.

A person or company acquiring.

Cat standards signify that a financial product meets certain standards on Charges, Access and.

See letters of credit for a full explanation

(GIB)A bond in which a single premium secures a guaranteed regular income until maturity at which time.

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

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

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

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

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

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

The level of a company's sales at which neither a profit nor a loss is.

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

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

The value of funds returnable to the insured from the insurer upon the surrender of a cash value.

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

A measurement of the movement of the price of a particular stock compared with the movement of the.

See 'European-style.

A payment made out of a sense of moral rather than legal.