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

A company's expenditure to acquire capital.

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

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

The volatility of the underlying instrument implied by the market value option's.

The date by which a shareholder must own shares in order to qualify for a.

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

The theoretical price at which a futures contract should trade to be equivalent to the purchase.

The first closing date is one of the milestones in the process by which one company takes over.

A corporate restructuring in which one part of a company is spun off as a new company, often.

A mortgage which guarantees the interest rate charged will remain sandwiched between two specified.

In the US, an expense allowed by the Internal Revenue Service which is deducted from adjusted.

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

See 'ATM.

Income usually relevant to two people (for example man and wife) which continues until the death of.

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

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

In financial services, the period after signing a contract during which customers are entitled to.

In the simplest terms, the purchase and sale, or sale and purchase, of a security on the same.

An agreement in which one person is answerable for compensating the losses of another..