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

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

A provision of a bond or preferred stock issue, listed in its indenture (the formal agreement.

The practice of buying shares in a potential target at the beginning of a trading day in the hope.

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

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

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

The theory that certain days of the week, weeks of the month, and months of the year are more.

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

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

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

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

An economic situation in which there is a general fall in the level of.

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.

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

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

In the US, a reputable stock with a record of consistently high dividend payments to.

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

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