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

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

A sales incentive, commonly used on mortgages, which gives customers a cash sum as soon as the deal.

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

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

Interest, dividend or other income payments received regularly from an investment.

Latin for 'let the buyer beware'. This implies a buyer must ensure that goods about to be.

The total value of all a company's separate operations if sold separately.

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

A plastic payment card which allows the owner to obtain goods and services without the.

See: 'intestate.

A broker who not only deals in stocks and shares on behalf of his client, but who also makes the.

A method of calculating the net asset value of a company, for example an investment trust, after.

The total income of a person before deductions. This for example could be a person's salary plus.

The length of time an individual retains an investment.

(ICS)A compensation scheme for investors with operating rules set by the Financial Services Authority.

Tuesday 29th October 1929 when stock prices on Wall Street.

The purchase by a listed company of its own shares either in the open market or by tender offers..

A life policy in which there is a minimum sum payable on the death of the life.

A mutual association formed by people with a common affiliation such as employees, a union or a.