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

Tax payable on a deceased person's.

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.

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

(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.

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

A strategy employed in a futures market to reduce risk.

A document allowing beneficiaries to vary the gifts specified in someone's will even after the.

In the US, a distribution of interest or dividends to the shareholders of a mutual.

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

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

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

A call option with an exercise price below the price of the underlying instrument (e.g..

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

(GEMMs)See 'market.

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

The injection of capital into a company.

The raising of new money by a company in order to pay off existing debt. more