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

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

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

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

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

(GEMMs)See 'market.

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

The overall assets of an individual less liabilities.

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.

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

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

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

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.

A strategy employed in a futures market to reduce risk.

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

A fund which is managed 'aggressively' to get maximum rates of returns by using derivatives and.

See 'short.

The injection of capital into a company.

The measure of a company's solvency, looking at the relationship between its assets and its.