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

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

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

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

An outflow of funds from an account with a bank or financial institution. For example: When a.

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

A market in which sellers outnumber buyers and where the trend of share prices is consequently a.

(FSA)The replacement regulating body for the Securities and Investments Board (SIB). The FSA, which.

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

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

A wide range of indices including shares, stocks and fixed interest securities published by the.

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

The amount payable by a life insurance company to the beneficiaries on the death of the insured (the.

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

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

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

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

A bond which was issued at a rating of AAA to BBB (investment grade) which has since fallen in.

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