The traded value of an asset agreed by seller and.

The instruction a client gives a broker to obtain a quote from a market maker on the price for a.

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 ...

A cash value life insurance policy with a fixed term. Premiums are applied to give life insurance.

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

When one listed company bids for another company (listed or private), and offers to pay in three.

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

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

A plastic payment card, issued by a bank or other financial institution, which enables the holder to.

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

(cash against documents) or D/P (documents against payment) or D/P (documents against payment)

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.

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

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.

The simultaneous purchase (sale) of a call at one exercise price and sale (purchase) of another call.

A term previously given to the most actively traded shares on the London Stock Exchange along with.

See 'Government National Mortgage.

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

See: 'tracker.

An investor who believes share prices are going to fall. He therefore sells shares, sometimes.