Automated Communications and Order Routing Network (BEACON)

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

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

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

The process of payment clearance between two.

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

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

The time between periodic billings for goods and services, typically one.

Stocks whose dividend payouts are high as a proportion of their share price. This could either be.

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

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

A person in possession of a negotiable instrument such as a bill of exchange or promissory.

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

(Bridging loan)See 'gilt-edged stock'.

See: 'discretionary.

Income, paid from an investment, such as dividends and.

(IRS)The US agency responsible for the collection of federal taxes which include personal and corporate.

A guarantee issued by a bank on behalf of a seller to a buyer to support the sellers bid or tender for a contract. If the sellers bid is accepted, and they fail to sign a contract, the buyer can claim compensation under the guarantee.

A company's value is sometimes measured in terms of the total funds being used to finance it..

The number of stocks participating in either a rally or a.