In the S, this is a popular name for various state laws enacted to protect the public against.

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.

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

A bank organised in the US which provides all the stock transfer and agency services in.

The total value of a deceased person's assets.

A 1792 trade agreement banding the original 24 brokers in New York together into an investment.

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

(EEC)The original economic community set up in 1957 by the 6 founder members ( France, West Germany,.

The difference between (i) turnover and (ii) the cost of making a product or providing a service,.

(FOOTSIE)An index of the share prices of the 100 largest companies (by market capitalisation) in the UK.

The specified amount a policyholder must bear before the insurers pay a claim. The inclusion of an.

Gold or silver in the form of ingots for bulk.

In the case of call writing, covered means having a holding of shares at least equal to that implied.

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

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

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

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

Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned.

An insurance policy which is guaranteed renewable provided premiums are paid. The policy conditions.

Options on the shares of companies. Equity options are traded in the UK at the London International.