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

(ECU)A weighted average of European Community currencies with weighting tending to be proportional to a.

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

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

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

(GPM)A mortgage scheme in which monthly payments commence at a lower level and increase over a period of.

A bond which gives capital growth at.

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

A person or company acquiring.

(IMF) A fund formed in the mid 1940s by industrialised countries to stabilise exchange rates, promote.

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

See: 'scrip.

A life insurance policy which remains in force where the insured has paid premiums over part of the.

Transfer of title from seller to buyer without physical movement of.

Crest is an electronic system of settlement for the equities market in the UK and Ireland which.

A US term which describes the situation in which a takeover target buys back its own shares from a.

A currency which is deposited in banks outside its country of origin. For example the eurodollar,.

A facility on a website which allows users to write messages on a particular subject and 'post'.

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

(EDSP)The price which determines the price for physical delivery of the underlying instrument or the price.