The price at which a company's shares are offered to the market for the first time. When they begin.

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

(Bridging loan) Term commonly applied to news wires carrying price and background information on securities and.

A measurement of the movement of the price of a particular stock compared with the movement of the.

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

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

The document which specifies the details and conditions of cover of an insurance contract together.

See: 'National Insurance (NI).

In the US, a plan which enables investors to accumulate shares in stock or a mutual fund by.

The owner of securities whose name is registered by the issuing company or its transfer agent as.

Assets of a company such as buildings and machinery which are regularly used over a long period of.

Interest earned by deposits at banks and financial institutions, or on gilts etc. before.

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

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

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

(DTC) In the US, the Depository Trust Company (DTC) is a national clearing house for the settlement of.

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

The directors are a company's most senior managers and are elected to run the company by.

A term which means in the meantime. See 'interim bonus' and 'interim.

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