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

A charge imposed by a management company on a mutual fund or unit trust to cover administration.

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

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

The unofficial trading of securities before their formal issue.

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

A strategy in which one call and one put with the same expiration, but different strike prices, are.

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

An index of a range of Government Securities (gilts).

(CBI) An independent non-profit making, non party political organisation which represents the interests.

A property trust which invests in enterprise.

A combined mortgage and current account. Any savings each month earn the mortgage rate, which is a.

The documents by which naval officers hold their status as accredited officers in the navy they serve.

A licence, granted by one company (franchisor) to another company or person (franchisee), entitling.

A short term. (bridging loan)

(GMP)The minimum pension payable by a pension scheme in order that members may contract out of S2P (State.

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

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

A bank account set up to control a person's regular expenditure. The account would typically.

The concept that justifies investment in stocks, where your capital is at risk, rather than.