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A former state benefit payable after the expiry of state sickness benefit if a person was still.

Category:Financial Terms

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

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

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

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

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

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See: 'intestate.

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

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A unit linked single premium whole life assurance policy. Part of the premium gives life cover.

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

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

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A mortgage whereby the borrower makes a half monthly payment every two weeks instead of the usual 12.

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September 16, 1992: the day the pound was driven out of the Exchange Rate.

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

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

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

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A 1792 trade agreement banding the original 24 brokers in New York together into an investment.

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

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

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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 ...

Category:Financial Terms