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

The true owner of a security or property which may be registered in another name.

See: 'discretionary.

The increase of prices in an economy over a period of time, usually annualised for comparative.

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

Bank for International Settlements The central bankers' bank, based in Basle,.

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

A transaction in which the purchaser of goods pays an initial deposit and takes possession. .

A City professional whose job is to decide how fund money is invested.

(IB)An individual or firm who can perform all the functions of a broker except one. An introducing.

The difference between the selling price and the purchase price for investments.

The six big accountancy firms: KPMG, PriceWaterhouseCoopers, Ernst & Young, Deloitte & Touche and.

An approach to investment that focuses on analysis of a company's financial and business.

International Securities Clearing Corporation

In the US, a power of attorney which, subject to conditions and safeguards, continues in force even.

Some unit trusts offer a floor price and guarantee their bid price will not be allowed to fall.

A note, issued to a person or company when goods are returned by them, which cancels the original.

The addition of a per unit tax onf Social Security), the Benefits Agency was replaced.

An axiom whose underlying message is that stock market prices rise when there are positive rumours.

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