See: 'gilt-edged.

Stocks whose dividend payouts are high as a proportion of their share price. This could either be.

(DTB)The German derivatives exchange, where the bund, Euromark futures and Dax futures and options.

(DRP)A plan which allows private investors to reinvest cash dividends from their investments cheaply.

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

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

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

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

A bonus declared by life companies when maturity of a with profits policy or death of the assured.

See letters of credit for a full explanation

This is an inter-bank communication system and stands for Society For Worldwide Interbank Financial Telecommunications. It runs in much the same way as telex, except every message is sent in a standard way. This allows the banks' computers to read the mes ...

A bond with a single maturity date and no opportunities for early.

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

(GIB)A bond in which a single premium secures a guaranteed regular income until maturity at which time.

In the US, a short term municipal or state note which is repaid from the proceeds of a forthcoming.

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

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

A mutual organisation whose funds, after the deduction of running costs, are owned by its.

The amount which shareholders own in a publicly quoted company. Equity is the risk-bearing part.

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