The day on which the availability of a prospectus is advertised, and a flotation is officially.

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

(FNMA)In the US, a government-backed corporation which purchases mortgages from lenders and resells them.

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

The legal liability of two or more people for claims against or debts incurred by them jointly. If.

(EPO)An initial public offering, or new issue of shares, in which the process of applying for shares.

A pension plan in which benefits are dependent on contributions to and the growth of the pension.

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

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

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

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

A member of a commodity exchange, usually a commission house broker, through whom another broker or.

A type of long term bond (loan), taken out by a company, which it agrees to repay at a specified.

A tax allowance which takes account of depreciation of certain types of business assets such as.

Shares which entitle the holder to receive the capital appreciation from a split capital.

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

Where a life company pays commission to an agent, the company does so on the proviso it will be.

(FCM)In the US, an individual or organisation accepting orders to buy or sell futures contracts or.

The end of year dividend. In the UK, companies normally pay dividends twice per year, an interim.

(GAYE)The description used for schemes where a donation to your chosen charities is automatically deducted.