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

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

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 ...

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

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

Slang term for a disreputable brokerage.

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

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

Gold or silver in the form of ingots for bulk.

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

Cat standards signify that a financial product meets certain standards on Charges, Access and.

International Securities Identification Number International code for a listed.

A website which provides information on a variety of collective investment funds from several.

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

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

(IPT)A tax imposed on certain insurance premiums where the risk is located in the.

See: 'gilt-edged.

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

See letters of credit for a full explanation

A four-sided option spread that involves a long call and a short put at one strike price as well as.