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

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

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

The percentage rate at which interest is charged on a loan or paid on savings.

(ITS)An electronic communications network that links nine US markets: the New York (NYSE), American.

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

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

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

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

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

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

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

See. (bridging loan) Broker to broker. A term used by the London Stock Exchange to denote that a transaction was between two member.

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

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

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

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

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

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

An option strategy which involves, in one single transaction, the simultaneous purchase (sale) of a.