The Chancellor of the Exchequer's least favourite part of the economy - also known as the cash.

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

An endowment policy in which the savings element is significantly.

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

The level of a company's sales at which neither a profit nor a loss is.

See: 'National Insurance (NI).

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

The value of funds returnable to the insured from the insurer upon the surrender of a cash value.

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

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

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

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

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

A payment made out of a sense of moral rather than legal.

A broker who buys and sells shares on the instructions of clients but who offers no advice about.

Refers to a transaction made at a price lower than the preceding.

International Securities Identification Number International code for a listed.

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

The markets in which eurocurrencies are traded, the largest being.