This is an INCO term and explains what the price quoted represents and the responsibility of the buyer and seller in relaton to arranging for the various costs associated(e.g. insurance, freight, duties) with the shipment. It is normally used in sea or ai ...

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

A pricing model devised by Fischer Black and Myron Scholes in 1973.

The shares of companies participating in high technology fields such as computers, semiconductors.

A measure of actual stock price changes over a specific period of time. Defined as the standard.

(DAX)The index for the largest 30 German companies quoted on the Frankfurt Stock Exchange.

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

A financial institution which invests large amounts of money in the stock, bond and other financial.

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

(IMRO)A Self Regulating Organisation (SRO) with responsibility for monitoring the manner in which UK.

Automated Communications and Order Routing Network (BEACON)

An entitlement issue, also known as an open offer, is an offer made by a quoted company to its.

(EFTA) An association of countries (originally comprising Denmark, United Kingdom, Austria, Switzerland,.

The practice of selling shares on one day and buying them back on the next. The purpose for UK.

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

The movement of assets in one mutual fund or unit trust to another within a range of funds with.

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

An international charge card enabling the holder to obtain goods and services without the need to.

A term, used by some assurance companies, as an alternative to.

An electronic 'stock market' service owned by Reuters which enables members to display bid and offer.