A rating used by banks, insurance companies, mortgage companies and other financial institutions.

(Bridging loan)See: 'money supply.

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

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

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

When a share is said to be 'cum dividend', it means that it is offered for sale with an.

The total value of a deceased person's assets.

A bond, issued and underwritten by international syndicates of banks and issuing houses and sold to.

If an employee incurs expenses wholly on behalf of his company which are not reimbursed, such.

(IPE) Europe's leading energy futures and options exchange and the second largest in the.

A tax-efficient investment vehicle, designed to provide venture capital funds for small businesses..

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 ...

An income tax coding allocated to people who pay tax at the higher rate.

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

The highest rate of income tax in the UK which in the 2002-2003 tax year is 40%. The rate is.

The last day on which an option can be traded (American style exercise). Issued in connection with documents such as letters of credit, tariffs etc. to advise that stated provisions will expire at a certain time.

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

The purchase of new shares by an underwriter who subsequently attempts to resell to the market for a.

Rent payable by the owner of a leasehold property to the freehold.