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

(HIP)A plan enabling the normally elderly owner or owners of a property to utilise its capital value.

A unit trust which invests in other unit trusts, providing the investor with double diversification..

Tuesday 29th October 1929 when stock prices on Wall Street.

Nickname for the New York Stock.

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

A scheme designed to allow homeowners to 'release' cash from the value of their property. They.

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

A credit line offered by banks and mortgage lenders which grants the homeowner the opportunity of.

The practice of deferring capital gains tax liability on a gift by transferring the liability to.

An order in writing by one person to another to pay a specified sum to a specified person or.

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

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

(HIT)A tax on gifts made by an individual in the seven years before death, and on the value of assets.

A contract in which payment of premiums covers the insured against something which may, or may not.

In the US, a type of security, generally issued by a railroad, to pay for new equipment. Title to.

A group of individuals who combine their capital and invest it collectively. The advantage of these.

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

The buying of shares in individual companies or units in collective funds (unit trusts,.