(EIS) The Enterprise Investment Scheme is a UK tax incentive scheme designed to encourage investors to.

(Bridging loan)See: 'money supply.

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

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

When a share is said to be 'cum dividend', it means that it is offered for sale with an.

The total value of a deceased person's assets.

(IPE) Europe's leading energy futures and options exchange and the second largest in the.

This is an inter-bank communication system and stands for Society For Worldwide Interbank Financial Telecommunications. It runs in much the same way as telex, except every message is sent in a standard way. This allows the banks' computers to read the mes ...

A broker who buys and sells shares on the instructions of clients but who offers no advice about.

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

A tax-efficient investment vehicle, designed to provide venture capital funds for small businesses..

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

An income tax coding allocated to people who pay tax at the higher rate.

The highest rate of income tax in the UK which in the 2002-2003 tax year is 40%. The rate is.

The purchase of new shares by an underwriter who subsequently attempts to resell to the market for a.

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

A four-sided option spread that involves a long call and a short put at one strike price as well as.

Insurance which covers the policyholder against certain building losses or damages which may occur. .

A policy which covers the insured and usually his/her family for the duration of their holiday. .