(GMP)The minimum pension payable by a pension scheme in order that members may contract out of S2P (State.

The concept that justifies investment in stocks, where your capital is at risk, rather than.

A bond in which a single premium secures a guaranteed amount at its maturity.

The beneficiary designated to receive property held in.

(IMF) A fund formed in the mid 1940s by industrialised countries to stabilise exchange rates, promote.

An agent who acts in the arrangements of property sales and purchases in return for a commission.

See: 'scrip.

A document, relevant to life assurance, personal pension and unit trust products, which is given to.

A term sometimes used in wills which effectively means HM Treasury. In the event of a deceased.

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

(GPM)A mortgage scheme in which monthly payments commence at a lower level and increase over a period of.

A deduction of either 50% or 100% which is made from the value of business property when it is.

A combined index of the FTSE 100 and the FTSE 250. See also FTSE Actuaries All-Share.

Transfer of title from seller to buyer without physical movement of.

See: Her Majesty's Customs and.

An agency which holds information about the credit reliability of consumers and makes the.

(EFP)A transaction in which one party buys the physical commodity and simultaneously sells futures and.

See Advance Payment Guarantee, Bid Bond/Guarantee, Performance Bond/Guarantee.

A fund whose portfolio comprises a range of securities from markets around the.

Taxes which are imposed directly on the individual paying them. Examples of direct taxation are.