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

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

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

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

A market in which prices are rising and in which investor confidence in the continuation of rising.

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

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

Additional days which may be allowed by a company to a debtor over and above the due date for.

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

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

Gold or silver in the form of ingots for bulk.

In the US, federal and state taxes on the sale or production of certain types of products such as.

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

International Securities Identification Number International code for a listed.

The bank that issues a Letter of Credit on behalf of the Importer.

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

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

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

See: 'gilt-edged.