A system for the distribution of bank giro credits and other credits between banks to enable funds.

A former tax on a deceased person's estate and the forerunner of capital transfer tax which itself.

A European payment scheme in which a person person can use eurocheques and a guarantee card where.

A forward pricing sales arrangement in which the cash price is determined, either by the buyer or.

Additional days which may be allowed by a company to a debtor over and above the due date for.

Before any deductions, particularly tax.

Index-linked savings certificates. They were originally introduced for people who were over.

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

A mutual fund or unit trust which aims to provide investors with a balance of income and capital.

The bank that issues a Letter of Credit on behalf of the Importer.

The process that companies, or more particularly their lawyers and accountants, carry out when one.

(ICS)A compensation scheme for investors with operating rules set by the Financial Services Authority.

An accounting term which refers to the amount of income a company receives in the form of interest.

A person appointed in a will to ensure that the wishes of the deceased are duly carried.

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

An options strategy which has the same risk-reward profile as another strategy. For example, a long.

The standard promulgated by the Accounting Standards Board which requires that all sources of.

Assets of a company which are regularly turned over including cash, work in progress and.

The unofficial trading of securities before their formal issue.

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