A local taxation system which was introduced on 1st April 1993 to replace the previous and.

A term used in wills which refers to the personal possessions of the maker of the will. Such items.

A business owned and operated by its.

A tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for.

A certificate, issued by a building society or bank (in accordance with Section 352 of the Income.

The terms which apply when convertible loan stock, for example, a bond or a debenture, are.

The sale of an option, by a holder, identical to the option which is held. This transaction.

A bank jointly owned by a number of other banks. An increasingly unfashionable way for small banks.

An asset pledged as a guarantee to a lender until a loan is repaid. If the borrower defaults,.

The details of insurance provided by an insurance company to a policyholder.

In the US, financial protection of certain bank and credit union accounts by way of insurance.

(Forex) Currencies issued by foreign.

A formal notice to the writer of an option from a clearing house that an option has been exercised.

A futures transaction where an equal and opposite trade closes an open position. This leaves a.

The process by which a company changes the structure of its share capital by reducing the number.

A document issued by an adviser/broker to a client outlining the basis of the relationship and.

A short term note issued by banks and corporations with a range of maturities from 30 days to 270.

An approach by a salesperson to a prospect (prospective buyer) either by telephone or in person.

A formal agreement made in a.

A trust which has been registered with the appropriate authority and which enjoys income tax.