See: 'bond.

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

A tax imposed on certain types of products including alcohol and tobacco which are produced in the.

A scheme set up to give limited financial protection to people with deposits in authorised banks.

The Financial Times 100 Share Index (FTSE 100.

In the US, a closed end fund with a limited life and two main classes of shares. Holders of.

A reference to the major operational changes on the London Stock Exchange which took place on.

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

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

See: 'National Insurance (NI) Basic.

A property trust which invests in enterprise.

Also known as deferred income and income.

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

See 'redemption.

UK shareholders receive dividends with a tax credit of 10%. This means that a notional 10% tax.

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

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

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

Interest cover measures the amount of interest paid by a company on its borrowings against its.

(GDP)The value of all goods and services created within an economy. It equals gross national product.