The risk that the buyer or seller will not complete the contract in accordance with their contractual obligations.

A court order instructing a garnishee (a bank) that funds held on behalf of a debtor (the judgement.

A professional working for a fund manager or broker whose job is to analyse key industry sectors.

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

Investment in items other than stocks, bonds or other securities. Wine, art, antiques are.

An option which can be exercised at any time until expiry (unlike European style options which can.

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

(ADR)American depositary receipts are a convenient way for Americans to own shares in foreign.

The number of days from the shipment date that the seller is allowed to present documents to the advising or issuing bank under a Letter of Credit. It is normally 21 days, although it can be shorter.

In the US, this is a certificate of deposit with a denomination of $100,000 and above. They are.

Costs which affect a company's profit (or loss) which are not associated with normal activities and.

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

Type of order given.

An order to buy shares up to a maximum price or sell down to a minimum price.

(APAC)Advises on matters involving international capital markets and the views and concerns of the.

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

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.

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

Tax allowances are concessions by the Inland Revenue which can be used to reduce a person's.

An investment trust which satisfies certain conditions set by the tax authorities and accordingly.