See: 'National Insurance (NI) Basic.

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

Purchase of a security without entitlement to current dividends, rights issues or scrip issues. .

A company which invests the funds of small private investors in a range of securities. This enables.

The exchange rate between two currencies, other than those that form a market's principal rates..

In the UK the four large clearing banks: Lloyds TSB, Barclays, HSBC and Royal Bank of.

A bond which gives capital growth at.

Also known as deferred income and income.

The policy of selecting stocks for your portfolio partly on the grounds of the ethical or.

An account with a bank or financial institution which earns interest normally proportional to and.

A freehold property given as a gift in a.

Dividends, paid by UK companies to other companies (for example, investment trusts), with a tax.

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

US dollar currency deposited in banks outside the.

In the United States, commonly known as a "Draft." However, bill of exchange is the correct term.

See: 'bond.

See 'redemption.

The Financial Services Act 1986 defines investment business to include dealing, arranging deals in,.

A legal term given to an investor whose experience is such that members of the FSA are entitled to.

Yield calculations on bonds aim to show the return on a gilt or bond as a percentage of either.