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

A charge imposed by a management company on a mutual fund or unit trust to cover administration.

The difference between the selling price of an item and the purchase or manufacturing cost,.

(Bridging loan) (Bridging loan) The phenomenon of rising share prices amid a mood of general euphoria, leading (inevitably,.

See: contingency.

The Financial Times 100 Share Index (FTSE 100.

A reference to the major operational changes on the London Stock Exchange which took place on.

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

A term normally associated with accident insurance. Under certain conditions, for example a road.

The concept that justifies investment in stocks, where your capital is at risk, rather than.

The documents by which naval officers hold their status as accredited officers in the navy they serve.

The cost to a company of producing goods. Similarly with a retailer or distributor type business,.

(GDP)The value of all goods and services created within an economy. It equals gross national product.

A bond issued in sterling by a foreign institution or.

Liabilities that may or may not be incurred by a company and which depend on the outcome of say a.

In 1887 Charles Dow (as in 'The Dow Jones') developed two stock market 'averages':

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

The dividend declared before annual earnings are established. Companies in the UK usually pay two.

In the US, a closed end fund with a limited life and two main classes of shares. Holders of.

(ERM)The mechanism by which members of the EC formerly operated their currency exchange rates within.