The situation which exists when a person dies without making a will. The person is then said to have.

(Bridging loan) Commission or fees charged by a broker for conducting transactions for its.

A plan which offers elderly people the opportunity of raising cash on their property. A.

A mortgage which carries priority over any subsequent mortgages if the borrower goes into default.

When all money in a portfolio is invested in securities as opposed to retaining some cash, it is.

Money paid by life insurance companies to policyholders based on endowment policies and.

The raising of capital by a borrower from his existing mortgage lender.

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

When a company that is registered for value added tax (VAT), buys goods or services from another.

Extra bits added on to a derivatives instrument or securities issue with the intention of.

The risk that a buyer or seller will not complete a deal due to their inability to meet their obligations, or a deterioration in their financial position.

The party that issues a Bill of Exchange. Usually, the Exporter in an international trade transaction.

The payment which investors have to pay to a broker to trade on margin, commonly used in trading.

The twelve month period commencing 6th April and ending 5th April the following.

A ratio used to work out how many days on average it takes a company to pay its creditors..

Foreign income from sources other than the movement of goods. It includes a country's earnings from.

The last day on which the beneficiary can present a valid claim to the bank.

Price-sensitive information about a company that has not yet been made public.

A bond, issued by a highly regarded company or municipal authority with a rating of AAA or.

In charting, a short-lived reversal of an upward trend, catching out bears and shorters who were.