A term used in life assurance where under certain conditions, life assurance premium relief.

This is where a bank other than the issuing bank also guarantees payment under the letter of credit. It normally is used if a seller finds the issuing bank an unacceptable risk and asks his or her own bank or another acceptable bank to guarantee (confirm) ...

Insurance which gives cover in respect of the contents of a home. This includes damage, theft or.

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

The simultaneous purchase of a stock, the purchase of a put, and the sale of a call, creating a.

The Chicago Mercantile Exchange (or Merc) was called the Chicago Butter and Egg Board until 1919 and.

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

An arrangement in which two parties exchange a series of cashflows in one currency for a series.

A way of valuing a share based on the net present value of the dividends that you expect to.

(CPI) An index which tracks the prices of a variety of goods purchased by an average consumer. The goods.

The providing of all information by a company in accordance with the requirements of a regulatory.

A protective options strategy in which a written call and a long put are taken against a previously.

(CTA)Oversees the operations of the US 'consolidated tape', which it developed, under a formal 'CTA Plan'.

An approach to stockpicking which focuses on the search for shares whose prices have dropped so low.

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

The highest closing price for a specific security over the last 52.

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, duties) with the shipment. It is normally used in sea shipm ...

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

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

An options strategy involving four strike prices that has both limited risk and limited profit.