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

A situation where the exercise price of a call/put option approximates to the current market price.

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

An independent financial adviser whose income is derived from fees charged to customers rather than.

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

The period, normally 30 days, during which an insurance policy remains in force even though the.

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

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

In the US, the amount (normally fixed) which a policyholder is obliged to pay prior to an.

(FIA)The futures industry's national trade association in the US. They lobbied in favour of establishing.

Any bank, stockyard, warehouse, depository or other facility that is authorised by an exchange for.

The pledging of securities as collateral - for example, to secure the debit balance in a margin.

The generic term for models which aim to price assets, usually shares or baskets of them, in.

The Inland Revenue limit on how much money can be paid into a free-standing additional voluntary.

A transaction on a stock exchange by a broker or institution.

In the stock market, an index is a device that measures changes in the prices of a basket of.

Expenses incurred by a person whilst carrying out duties at work, which are 'approved' by the tax.

The shares of companies that are well-positioned to withstand recession, usually because the goods.

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

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