When an option holder takes up his option to buy or sell the underlying instrument (for example.

In the US, federal and state taxes on the sale or production of certain types of products such as.

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

Securities which pay a fixed rate of interest. Government bonds (gilts) are the best known example..

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

A mortgage whereby the borrower makes a half monthly payment every two weeks instead of the usual 12.

A mutual association formed by people with a common affiliation such as employees, a union or a.

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

(IPO)The first offering of a company's shares to the public known in the UK as a flotation. IPO was.

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

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

Tuesday 29th October 1929 when stock prices on Wall Street.

A legal term given to an investor whose experience is such that members of the FSA are entitled to.

A unit linked single premium whole life assurance policy. Part of the premium gives life cover.

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

A market in which prices are rising and in which investor confidence in the continuation of rising.

The country in which a person lives. Important for tax purposes to establish your domicile in the.

The total value of a deceased person's assets.

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