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

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

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

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

A pool of money normally set apart for a purpose, for example, a pension fund to provide.

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

Methods used by companies to try to ensure their customers settle their accounts within the agreed.

An options expression which indicates the difference between the current price of the.

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

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

The charge you pay if you borrow money, and the income you receive if you lend it or invest it in.

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

Effectively a guarantee of payment of interest and repayment of principal of a bond issued by a.

A takeover bid by one company for another, in which the directors of the target company oppose.

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

(EIRIS) The Ethical Investment Research Service (EIRIS) which maintains a database which you can use to.

The six big accountancy firms: KPMG, PriceWaterhouseCoopers, Ernst & Young, Deloitte & Touche and.

Interchangeability resulting from standardization. Futures and options contracts for the same.

The price at which units in a unit trust are bought by investors. Also known as the offer.

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