A guarantee issued by a bank on behalf of a seller to a buyer to support the sellers bid or tender for a contract. If the sellers bid is accepted, and they fail to sign a contract, the buyer can claim compensation under the guarantee.
The difference between the selling price and the purchase price for investments.
The price at which a market maker will buy shares or, in the case of unit trusts, the price at.
The difference between the selling price and the purchase price for investments.
A reference to the major operational changes on the London Stock Exchange which took place on.
In the UK the four large clearing banks: Lloyds TSB, Barclays, HSBC and Royal Bank of.
The six big accountancy firms: KPMG, PriceWaterhouseCoopers, Ernst & Young, Deloitte & Touche and.