Financial TermsRSS

Financial Terms

(EPIC)EPIC codes are the abbreviations given to company share quotations (e.g. the EPIC code for.

(ERM)The mechanism by which members of the EC formerly operated their currency exchange rates within.

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

A tax imposed on certain types of products including alcohol and tobacco which are produced in the.

In the US, federal and state taxes on the sale or production of certain types of products such as.

A clause in an insurance policy which specifies items or conditions not covered.

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

A broker who buys and sells shares on the instructions of clients but who offers no advice about.

In the US, an insurance policy taken out on the life of a company executive or senior employee whose.

(EPP)A pension plan which is tailored for directors and senior executive.

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

The feminine form.

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

When an option holder takes up his option to buy or sell the underlying instrument (for example.

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

The price at which an option holder can buy or sell the underlying instrument (for example,.

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

The Price/Earnings ratio of a company at the time when it is taken over by another.

If an employee incurs expenses wholly on behalf of his company which are not reimbursed, such.

A legal term given to an investor whose experience is such that members of the FSA are entitled to.