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

The process of rendering a contract or deed null and void following a specified.

A formal notification to the writer of an option from a clearing house that an option has been.

In the US, the document which the founders of a corporation submit to the relevant state for.

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

A disparaging term used to describe executives who earn high salaries and bonuses.

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

Call or put options on an index such as the Standard and Poor's 500 Index or the FTSE 100.

Capital gains tax arises as a result of a 'chargeable event' - in the case of stock market.

An outflow of funds from an account with a bank or financial institution. For example: When a.

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

Money, in the form of notes and coins, which constitutes payment for goods at the time of.

The process by which a negotiable instrument such as a Bill of exchange, Promissory Note or Cheque is transferred in good faith and for value. Negotiation only occurs when the transferring party receives value. In international trade this is normally an e ...

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

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

See: 'all or.

Failure to make payment on a loan obligation on the due.

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a.

A facility which allows a delay in buying an annuity if rates should be low when retirement age is.

When the stock market opens above or below the close on the previous day, this is known as a.