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

See: 'scrip.

Insurance which gives protection to a business or homeowner against property loss, damage and injury.

The standard promulgated by the Accounting Standards Board which requires that all sources of.

A plan which enables investors to accumulate shares in a mutual fund by purchasing them on a regular.

A life insurance policy which pays a benefit on the death of the insured but which also provides a.

(EFP)A transaction in which one party buys the physical commodity and simultaneously sells futures and.

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

Transfer of title from seller to buyer without physical movement of.

Cash, cheques etc. which circulate in an economy as an accepted means of.

(DAX)The index for the largest 30 German companies quoted on the Frankfurt Stock Exchange.

(IMF) A fund formed in the mid 1940s by industrialised countries to stabilise exchange rates, promote.

A clause in an insurance policy which specifies items or conditions not covered.

An agency which holds information about the credit reliability of consumers and makes the.

The beneficiary designated to receive property held in.

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

A term sometimes used in wills which effectively means HM Treasury. In the event of a deceased.

A facility on a website which allows users to write messages on a particular subject and 'post'.

A unit or investment fund which invests in the stocks of growth companies.

(IFP)The UK professional body committed to the development of financial planning. The Institute was set.