(EEC)The original economic community set up in 1957 by the 6 founder members ( France, West Germany,.

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

An insurance policy which is guaranteed renewable provided premiums are paid. The policy conditions.

See D/P and D/A.

Transfer of title from seller to buyer without physical movement of.

An investor who believes that the prices of shares are going to rise. He is therefore a buyer in.

A strategy in options trading in which an option is purchased at an exercise price below that of the.

The American Stock Exchange which was originally known as the Curb.

In the S, this is a popular name for various state laws enacted to protect the public against.

See: 'National Insurance (NI) Basic.

A mutual fund or unit trust which aims to provide investors with a balance of income and capital.

One of the main USA share indices which monitors the movement of 30 industrial companies traded.

The price at which a market maker will buy shares or, in the case of unit trusts, the price at.

A measure of the rate of change in an option's delta for a one-unit change in the price of the.

A forward pricing sales arrangement in which the cash price is determined, either by the buyer or.

An accounting term which refers to the amount of income a company receives in the form of interest.

In the case of call writing, covered means having a holding of shares at least equal to that implied.

When a company decides to list its shares on a stock market it has to go through an elaborate.

A US term which describes the situation in which a takeover target buys back its own shares from a.

An index of the share prices of the 300 largest European companies, by market.