A guarantee issued by a bank, on behalf of a seller to a buyer, to support the sellers ability to perform under the contract. If the seller fails to perform in accordance with the contract the buyer can claim compensation under the guarantee.

The date on which a bond may be redeemed by the issuer before maturity which may be at par or at a.

In the US, the rules under which a corporation's internal management operates. They include details.

This is when a consignment is unloaded from one form of transport (lorry or ship) to another during the course of its journey from place of origin to place of destination. In a letter of credit, the buyer can say whether this is allowed or not allowed.

Term assurance in which premiums are increased in line with the retail price index and hence the sum.

A term used by the London Stock Exchange to denote that a transaction was effected at a price based.

The relationship which the return on a stock has with the return on the market as a whole, often.

(AGM)An annual meeting, called by the directors of a company, which shareholders are invited to.

Indexation is an allowance which reduces the taxable gain on an investment by increasing its base.

Girobank was established in 1968 and known then as the National Girobank. It was set up by the Post.

(AMT)A tax which targets high wealth individuals to pay a minimum amount of tax. The tax is calculated.

See 'reversionary.

The commencement of regular payments from capital which has accumulated in an.

(APR)Where interest on loans is expressed as other than a yearly rate, for example 1.5% per month, APR.

Wireless device used to report trades and quotes to the market data system. Also used for.

A person in receipt of an.

The purchase of a call with a high strike price against the sale of a call with a lower strike.

The maximum credit an individual may secure from his/her.

(ATM)Also known as cash dispenser. A computerised self service machine allowing the holder of an ATM.

Typically a bank or brokerage account in the names of two (or more) people. Arrangements can be.