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

The purchase of a put with a high strike price against the sale of a put with a lower strike price.

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

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

An interest-only mortgage ultimately repaid by the proceeds of an endowment assurance policy which.

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

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.

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

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

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

(EPS)Earning per Share (EPS) = Earnings / Number of Shares in Issue

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

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

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

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

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

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

A payment made by investors for new shares. The term would apply to payments made when a company.

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