Stock in companies whose profits move in a cyclical manner, normally in phase with the economy. .

A mortgage which guarantees the interest rate charged will not rise above a certain level. But it.

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

The service provided by a financial planner. This is a long term service provided for clients which.

A dealer in shares prior to the event known as Big Bang in October 1986. Jobbers dealt with.

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

A note, issued to a person or company indicating an amount.

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

The traded value of an asset agreed by seller and.

The value of all the assets employed in a business, including equity and preference capital,.

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

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

Securities which are considered to be more stable in price in a market where prices are.

See 'personal equity.

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

A professional person qualified to give advice to clients regarding investments such as life.

(AAII)An association based in Chicago whose purpose is to provide information and education regarding.

Taxation which is levied in an indirect way rather than being charged directly on an individual's.

All orders in a floor broker's possession that have not yet been.

A demand by a company to shareholders to pay a further instalment on partly paid.