A former tax on a deceased person's estate and the forerunner of capital transfer tax which itself.

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

A European payment scheme in which a person person can use eurocheques and a guarantee card where.

Additional days which may be allowed by a company to a debtor over and above the due date for.

Index-linked savings certificates. They were originally introduced for people who were over.

A company (or person) making an unwanted counter bid for another company, whose intentions are.

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.

The bank that issues a Letter of Credit on behalf of the Importer.

The process that companies, or more particularly their lawyers and accountants, carry out when one.

A person appointed in a will to ensure that the wishes of the deceased are duly carried.

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

Before any deductions, particularly tax.

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

An options strategy which has the same risk-reward profile as another strategy. For example, a long.

The value of an asset as entered in an organisation's.

A facility provided by banks enabling customers to conduct banking transactions through their.

Assets of a company which are regularly turned over including cash, work in progress and.

A life insurance policy which remains in force where the insured has paid premiums over part of the.

Instead of making an initial charge, some unit trust companies (particularly PEP managers) make a.