The successor to the European Currency Unit (ECU) as the European currency. The euro was introduced.

The total value of a deceased person's assets.

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

(Bridging loan)See: 'money supply.

The practice of deferring capital gains tax liability on a gift by transferring the liability to.

In the trading terms between companies, credit is the value of goods which one company will supply.

A term previously given to the shares of listed companies, basically second in line to and traded.

Insurance which covers the monthly payments on an outstanding debt for a fixed period, in the event.

The last day on which an option can be traded (American style exercise). Issued in connection with documents such as letters of credit, tariffs etc. to advise that stated provisions will expire at a certain time.

Corporate and government bonds are generally considered a safe form of investment compared to.

People or companies who are owed money by.

A scheme set up to give limited financial protection to people with deposits in authorised banks.

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

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

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

A financial ratio which shows how easily the company could pay its bills if all its creditors.

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

See: 'scrip.