A financial institution such as a merchant bank which provides its services to launch the shares of.

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

See: 'discretionary.

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

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

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

(EPIC)EPIC codes are the abbreviations given to company share quotations (e.g. the EPIC code for.

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

The rate at which a company is spending its cash reserves.

The point at which a price breaks out either above or below a stable established range or trendline..

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

The difference between a bond's face value and the lower market price.

A company or public sector entity which has shares, bonds or other security listed on a stock.

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

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

Assets which are non physical in form, that is, which cannot be seen. Examples are patents,.

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

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

Bank of England. The central bank of the United Kingdom, similar to the Federal reserve in the United States and.

The monetary value of a fund, calculated by adding up the value of its underlying.