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

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Investment jargon for not keeping all your eggs in one basket. Diversification implies that you.

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A payment system in which the payer authorises the payee to take funds from his bank.

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Something of value given by one party to another in return for entering into a contract. To be.

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(CTA)Oversees the operations of the US 'consolidated tape', which it developed, under a formal 'CTA Plan'.

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CIP

(cost, insurance and carriage to point of destination)This is an INCO term and explains what the price quoted represents and the responsibility of the buyer and seller in relaton to arranging for the various costs associated(e.g. insurance, freight, dutie ...

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The setting of the price (which then remains fixed) for forward dealing. This occurs at the time.

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Insurance which provides an income to policyholders when they are unable to work due to an.

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A private trust which empowers trustees to use their discretion in distributing funds to.

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The amount by which a company's yearly dividends grow compared with the previous.

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An approach to stockpicking which focuses on the search for shares whose prices have dropped so low.

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Aggregated forecasts drawn from a number of different brokers about the likely future earnings of.

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A computerised payment system for clearing cheques in New.

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Corporate bonds are issued by companies to raise capital. They are an alternative to issuing new.

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The payment of a dividend by a company out of its.

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These are special foreign currency denominated bank cheques which customers can buy at any branch and send to their clients to pay off debts.

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See: 'irredeemable.

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An allowable expense subtracted from gross income to reduce income tax liability. An exemption.

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This is where a seller sends documents relating to a shipment through his or her bank to the buyer's bank asking that they are released when a payment is made (CAD or D/P) or a bill of exchange is accepted (D/A).

Category:Financial Terms