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

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

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

A with profits life assurance bonus, normally added annually to the policy, which is based on the.

A term used by the London Stock Exchange to denote that a trade was effected as an agency cross or a.

A card, issued by a bank (or a building society in the UK), which guarantees the payment of a cheque.

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

Debts owed by a company which are due for settlement within 12 months. These include creditors and...

A formula closely related to Net Present Value which springs from the idea that

To purchase enough of the available supply of a commodity or stock in order to manipulate its.

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

An option strategy in which one call and one put with the same strike price and expiration are.

A company jointly owned by the London Stock Exchange and FT which creates and compiles financial.

See 'baby.

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

An extensive property.

Life assurance where payment of the sum assured depends on an event or events additional to the.

See: 'waiver of.

(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 ...

The period following the dividend declaration date to the date of record during which a stockholder.