A company (or person) making an unwanted, hostile bid for another.

(Bridging loan) Term commonly applied to news wires carrying price and background information on securities and.

See: 'National Insurance (NI).

A rating used by banks, insurance companies, mortgage companies and other financial institutions.

An option which can only be exercised by the holder at expiry (unlike American style options which.

(EPP)A pension plan which is tailored for directors and senior executive.

The directors are a company's most senior managers and are elected to run the company by.

A Transferable Letter of Credit allows the beneficiary to pass on the benfit of a Letter of Credit to one or more third parties. Normally used by companies that source rather than produce goods.

If an employee incurs expenses wholly on behalf of his company which are not reimbursed, such.

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

International Securities Identification Number International code for a listed.

Notice of intention to deliver a commodity in fulfilment of an expiring futures contract can be.

A website which provides information on a variety of collective investment funds from several.

A bond, issued and underwritten by international syndicates of banks and issuing houses and sold to.

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

Refers to a transaction made at a price lower than the preceding.

The price at which a market maker will buy shares or, in the case of unit trusts, the price at.

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

The price at which a company's shares are offered to the market for the first time. When they begin.