An income tax allowance which can be claimed if certain payments are being made to friendly.

An arbitrage transaction applied on a futures market where the cash or spot price of for example,.

Family income assurance in which the assured may, if he or she chooses, increase premiums in line.

In general terms, the increase in value of an asset. As far as shares are concerned,.

An option which gives the holder the right but not the obligation to purchase a stated quantity of.

A fixed term life assurance policy in which provision is made for premiums to pay for life cover.

A ratio used to work out how many days on average it takes a company to get paid for what it.

In the US, a board of Directors comprised of seven members which directs the federal banking system,.

(ERISA)In the US, a federal law introduced for the protection of participants in private pension.

Protesting involves getting legal evidence that a bill of exchange or promissory note has not been paid.

Futures contracts where the underlying instruments are financial such as shares, interest rates,.

In technical analysis, what happens when the short moving average price of a stock (say, its.

see 'balance of.

In the US, this refers to a bond that is secured by a blanket mortgage on the issuing company's.

A spread strategy that decreases the account's cash balance when it is established. A bull spread.

(ISA)A tax-favoured savings account introduced on 6th April 1999 which replaced PEPs and TESSAs. ISAs.

The value of assets that can be converted into cash immediately, as reported by a company. Usually.

Money owed by an individual or company to another individual or.

A person entrusted to manage the assets and interests of another. For example, an executor in a.