If a pension pays less than this limit, the whole of the member's share of the pension fund can be.

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

Insurance which covers the insured against specified critical illnesses such as cancer, heart attack.

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

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

See: 'condor.

A company which owns a number of other companies with widely diversified.

The cost to a company of producing goods. Similarly with a retailer or distributor type business,.

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

The amount of authorised share capital that shareholders have actually subscribed to a company for.

The unofficial trading of securities before their formal issue.

In 1887 Charles Dow (as in 'The Dow Jones') developed two stock market 'averages':

A combined index of the FTSE 100 and the FTSE 250. See also FTSE Actuaries All-Share.

A certificate, issued by a bank to a depositor, indicating a sum of money has been deposited for a.

(EMS)The monetary system of the EC which attempts to reduce the currency variations between members. The.

An index of the share prices of the 250 largest companies (by market capitalisation) immediately.

The average rate at which a particular financial parameter compounds up over a period of.

The amount payable by the insured in return for indemnification against specified.

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

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