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Financial Terms

A state benefit payable after the expiry of state sickness benefit if a person is still unfit to.

A stock option, which specifies a set number of shares at a specified option price extending over a.

These are official trade shipping terms agreed by the International Chamber of Commerce, Paris.

Money received by an individual as a salary, or from investments. Cash deposits and bonds will.

A bond which provides income over its life and at maturity the original investment is returned. .

In the US, a distribution of interest or dividends to the shareholders of a mutual.

A facility which allows a delay in buying an annuity if rates should be low when retirement age is.

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a.

Income received from property letting is subject to income tax. The amount taxable is the amount.

A unit or investment trust, or other collective fund, which aims to pay a high dividend to its.

People aged 65 to 74 are entitled to an additional personal tax allowance provided total earnings.

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a.

Shares bought in anticipation of an above average income being produced. Also referred to.

In the US, a reputable stock with a record of consistently high dividend payments to.

A compulsory tax on employment and investment income.

Another expression for escalating.

An agreement in which one person is answerable for compensating the losses of another..

Where a life company pays commission to an agent, the company does so on the proviso it will be.