A strategy in options trading in which an option is purchased at an exercise price below that of the.

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.

The generic name for a tradable loan security issued by governments and companies as a means of .

A freehold property given as a gift in a.

See: 'split capital investment.

The policy of selecting stocks for your portfolio partly on the grounds of the ethical or.

In the United States, commonly known as a "Draft." However, bill of exchange is the correct term.

A measure of the rate of change in an option's delta for a one-unit change in the price of the.

A reversal pattern in technical analysis. Technically, it is an decline to one price level,.

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

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

A region in which businesses get special tax advantages (including exemption from business rates) as.

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

A company (or person) making an unwanted counter bid for another company, whose intentions are.

See: 'National Insurance (NI) Basic.

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

A clause in an insurance policy which specifies items or conditions not covered.

A reversal pattern in technical analysis.

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

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