A bank account set up to control a person's regular expenditure. The account would typically.

See: 'condor.

An index of a range of Government Securities (gilts).

Where documents presented by an Exporter under a Letter of Credit do not comply with the terms of the Letter of Credit or are inconsistent with other documents presented.

(GPP)At its simplest, this is a series of individual personal pension plans, although if an employer.

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.

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

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

A term used by the London Stock Exchange to denote that a trade was executed in one currency but.

(ETF)ETFs are a new kind of collective investment fund competing with investment trusts and unit.

The refusal to pay or accept a Bill of Exchange.

A particular type of order which a client gives to his broker when buying shares.

A person specialising in insurance matters and who gives advice on the subject as well as arranging.

Instead of making an initial charge, some unit trust companies (particularly PEP managers) make a.

Before any deductions, particularly tax.

(CQS) A US system which collects and disseminates, electronically, current bid and asked quotations along.

A licence, granted by one company (franchisor) to another company or person (franchisee), entitling.

The gap between government spending and revenue and thus the amount that needs to be borrowed. .

A fund whose portfolio comprises a range of securities from markets around the.

The unofficial trading of securities before their formal issue.