A charge imposed by a management company on a mutual fund or unit trust to cover administration.

See: 'Financial Services Compensation.

The difference between the net asset value (NAV) per share of an investment trust and the share.

Yield calculations on bonds aim to show the return on a gilt or bond as a percentage of either.

The Financial Times 100 Share Index (FTSE 100.

A French or continental European stock.

A system designed to adjust accounting for changes in prices that affect a company's assets. The.

A short term. (bridging loan)

Assets of a company which are regularly turned over including cash, work in progress and.

Insurance provided for company employees by employers. Items covered may include health insurance,.

The ratio between a company's earnings (net profit after tax) and the net dividend paid to.

A type of commodity-product spread involving the purchase of crude oil futures and the sale of.

A business owned and operated by its.

The interest rate at which the US Federal Reserve lends money to member.

Purchase of shares without entitlement to current scrip issues. This entitlement remains with the.

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

Purchase of shares without entitlement to current dividends. This entitlement remains with the.

The feminine form.

The amount by which a company's assets outweigh its liabilities, expressed as a absolute.