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

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

An option is deep in-the-money when it is so far in-the-money that it is unlikely to go.

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

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

(IRA)In the US, a tax-deferred retirement savings account which may be set up by people in employment. .

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

Money received by an individual as a salary, or from investments. Cash deposits and bonds will.

This is an insurance policy purchased by a seller to provide protection against non-payment by a buyer due to insolvency or political/economic turmoil in the buyers country.

Tax payable on a deceased person's.

Shares bought in anticipation of an above average income being produced. Also referred to.

A strategy employed in a futures market to reduce risk.

(GEMMs)See 'market.

A term used in banking which refers to settlement of payments between accounts both held at the same.

Also known as income drawdown and flexible pension. See 'personal pension.

The injection of capital into a company.

A life insurance policy which often attaches to a company pension scheme. The member is typically.

(FOK)A particular type of order which a client gives to his broker when buying shares.

An association formed in September 1994 by a merger of the National Federation of Independent.

The recipient (typically a bank) to whom a garnishee order has been delivered.