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

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

A Letter of Credit payable at a future determinable date in which a term Bill of Exchange is not required to evidence the maturity date. (see Acceptance Credit).

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

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

In the US, a tax imposed by the federal government or state on the donor of a gift when the transfer.

The process by which building societies and mutual insurers convert themselves from mutual.

See 'scrip.

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.

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

See 'short.

(GTC)An order to a broker to buy or sell shares at a specified price which remains valid until cancelled.

A position where the sum of the deltas of the component legs adds up to.

Every company has an 'accounting reference date'. This is a date which it chooses itself, and.

See: 'tax.

(FSCS) The Financial Services Compensation Scheme is the sole financial compensatory scheme. It was set up.

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

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