Slang term for a disreputable brokerage.

See: Her Majesty's Customs and.

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

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

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

(ECU)A weighted average of European Community currencies with weighting tending to be proportional to a.

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.

The proportion of a share portfolio at risk in a certain area. So of you have half of your portfolio.

An endowment policy in which the savings element is significantly.

A financial ratio which shows how easily the company could pay its bills if all its creditors.

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

A scheme set up to give limited protection to people with share and/or deposit accounts in.

See: 'calendar.

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

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

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

A bank organised in the US which provides all the stock transfer and agency services in.

(HRP)A scheme which preserves your rights to a basic state pension during periods when you are caring for.

People or companies who are owed money by.

Crest is an electronic system of settlement for the equities market in the UK and Ireland which.