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

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

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

When an option holder takes up his option to buy or sell the underlying instrument (for example.

The Financial Services Act 1986 defines investment business to include dealing, arranging deals in,.

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

Purchase of a security without entitlement to current dividends, rights issues or scrip issues. .

A plan which enables investors to accumulate shares in a mutual fund by purchasing them on a regular.

The Financial Times 100 Share Index (FTSE 100.

Yield calculations on bonds aim to show the return on a gilt or bond as a percentage of either.

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

A combined mortgage and current account. Any savings each month earn the mortgage rate, which is a.

(IFP)The UK professional body committed to the development of financial planning. The Institute was set.

A document, relevant to life assurance, personal pension and unit trust products, which is given to.

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.

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

See: 'condor.

Benefits to employees additional to salary. Typical examples would be company cars, expense.

A certificate, issued by a bank to a depositor, indicating a sum of money has been deposited for a.

A company which owns a number of other companies with widely diversified.