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

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

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

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

The sale (purchase) of a near month call option (put option) and the simultaneous purchase (sale) of.

A strategy in options trading in which an option is purchased at an exercise price above that of the.

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

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

The date on which a Bill of Exchange or Letter of Credit becomes due for payment.

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

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

The lowest possible bid price of units in a unit trust under FSA regulations which is usually lower.

(FDIC) In the US, the federal agency that acts as guarantor for funds deposited in member.

The voiding of a buy or sell.

When reaching retirement age, a person can elect to defer payment of his/her state pension. The.

See: 'tracker.

A deduction of either 50% or 100% which is made from the value of land in the UK, Channel Islands or.

An order placed with a broker to purchase or sell stock, a commodity or financial instrument at.

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

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