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

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

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

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

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

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

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

The earnings of a company are its annual profits after deduction of tax, dividends to preference.

MT 100 - bank payment on behalf of a customer.MT 400 - bank payment in settlement of a collection.MT 700 - bank issuance of a letter of credit.

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

In the US, the period between the time a policyholder makes an insurance claim and the time it is.

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

See: 'day.

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

Someone who becomes an account holder with a building society in the hope that they will benefit.

This is a trading term between buyer and seller where a seller agrees to deliver goods to a buyer before a payment is made and without any form of guarantee of payment.

A compulsory tax on employment and investment income.

(IIEDS)A service for individual investors which puts their orders at the head of any Tandem Systems Queue..

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

Income received from property letting is subject to income tax. The amount taxable is the amount.