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

A pension plan in which employer and employee pay full rate National Insurance contributions.

A person or firm carrying out.

The practice of acquiring a company, then selling parts of it, in the hope that the cash realised.

Type of order given.

A broker who not only deals in stocks and shares on behalf of his client, but also advises on.

This is an irreversible guarantee given by the buyer's bank to pay a specific amount of money immediately or on a future date to the seller when he or she presents specific documents before a certain date and under the International Chamber of Commerce ru ...

In the US, a computerised high speed communication system linking the banks within the Federal.

A list of investments in which a financial institution such as a mutual fund is authorised to.

(AITC)An association formed in 1932 to represent the interests of investment trust companies. Its main.

An insurance policy arranged by either the buyer or the seller to insure goods against damage in transit. The appropriate Incoterm will determine the responsibility of the buyer or seller to arrange the insurance.

A measurement unit defining the purity of gold. Pure gold is 24 carat, whilst 18 carat gold.

A term applicable to personal pensions regarding tax rules which allow contributions made in the.

Used to describe an option that is unlikely to go into-the-money prior to.

The transfer of title of a security such as stock from buyer to.

A phrase used by traders to describe the phenomenon of any stock - even the most rapidly falling one.

A ruling by a court of law. An example is the ordering of a court to a person to settle a debt to.

Assets, purchased as a long term investment for generating profit, such as buildings, plant and.

The cost of storing a physical commodity, consisting of interest on the invested funds, insurance,.

See: 'all or.