Entity to whom money is payable.- The entity for whom a letter of credit is issued. - The seller and the drawer of a draft.

A loan made by an employer to an employee on which interest is either not charged or is less than.

The process of payment clearance between two.

CUSIP is the trademark for a system that uniquely identifies securities trading in the United.

(PSO)See: 'Pension Schemes Registry' of the Inland.

In the US, an annuity which guarantees payments to an annuitant which are fixed for life or a.

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

A charge imposed by a fund management company to cover administrative and marketing costs, and to.

The market of securities trading without the participation of brokers, thus obviating commission.

An expression used to describe the market in the underlying instrument (for example, shares,.

A term used by the London Stock Exchange to denote that a transaction was reported using the block.

An index of the share prices of 30 leading companies in the UK selected to depict British.

International Securities Clearing Corporation

The addition of a per unit tax

The number of shares of a company on sale to the public at a given time.

(GNMA)In the US, a government-owned corporation which guarantees payment of interest and principal of.

An agent, broker or financial institution who can give advice and act as a middle person between a.

Automated Communications and Order Routing Network (BEACON)

A person who commits to guarantee the debts of another. For example if an individual fails to meet.

International Organization of Securities Commissioners In the US, this organisation encourages co-operative policies on market regulation, surveillance,.