The procedure by which a homeowner forfeits his property to the lender (mortgagee) following.

Stocks whose earnings have grown at an above average rate over a number of years and which are.

A French or continental European stock.

A computerised payment system for clearing cheques in the.

The index of the share prices of over 800 leading companies and investment trusts on the London.

(G7)The seven foremost industrial countries outside what was the communist bloc. They are USA, Germany,.

Purchase of shares without entitlement to current rights issues. This entitlement remains with the.

An office, represented in most towns in the UK, where the public can obtain free advice on an.

The cost price of an asset used to establish capital gains tax.

A term used in options trading. It is a straddle using options with different exercise prices, where.

See: contingency.

Convertibles are bonds issued by companies which can be converted into ordinary shares or.

A document on which changes or additions are made to an existing signed will. Both the will and the.

A transaction which leads to a chargeable gain and which in turn promotes the issuing of a.

This is where a bank other than the issuing bank also guarantees payment under the letter of credit. It normally is used if a seller finds the issuing bank an unacceptable risk and asks his or her own bank or another acceptable bank to guarantee (confirm) ...

The difference between the net asset value (NAV) per share of an investment trust and the share.

The movement of a futures price towards that of the underlying instrument as the contract date.

The ratio between a company's earnings (net profit after tax) and the net dividend paid to.

People resident and domiciled in the UK are liable to income tax from their world-wide income.

The amount of money which an individual has available to spend on inessential items after essential.