Nickname for the New York Stock.

See: 'intestate.

A credit rating given to a government or coporate bond which indicates that the agency giving the.

An accounting term which refers to the amount a company pays in the form of interest on cash.

Stocks or shares which do not record owner's names and for which the companies do not keep a.

Coins made from gold or silver. They can be easily.

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

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

A term used by some life companies which refers to the minimum sum payable by a life policy either.

A fall in the price of shares, either of one company or a sector or the whole market, which is.

A company which holds the majority of shares in its subsidiaries. Also known as the parent.

(EFTA) An association of countries (originally comprising Denmark, United Kingdom, Austria, Switzerland,.

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

In the US, assets owned by a company but undervalued on the balance sheet and accordingly not.

Directly or indirectly taking the opposite side of a customer's order into the handling broker's own.

See: 'National Insurance (NI).

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

(EPB)The benefit which an employer must give an employee who was contracted out of the old graduated.

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

See: 'calendar.