The difference between the selling price of an item and the purchase or manufacturing cost,.

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

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

(GNP)The total value of all goods and services produced by a country. Real growth in GNP measures the.

(GPP)At its simplest, this is a series of individual personal pension plans, although if an employer.

A term used by the London Stock Exchange to denote that a trade was executed in one currency but.

The refusal to pay or accept a Bill of Exchange.

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

(ETF)ETFs are a new kind of collective investment fund competing with investment trusts and unit.

A particular type of order which a client gives to his broker when buying shares.

See: 'condor.

A system designed to adjust accounting for changes in prices that affect a company's assets. The.

(CQS) A US system which collects and disseminates, electronically, current bid and asked quotations along.

A Transferable Letter of Credit allows the beneficiary to pass on the benfit of a Letter of Credit to one or more third parties. Normally used by companies that source rather than produce goods.

The gap between government spending and revenue and thus the amount that needs to be borrowed. .

The unofficial trading of securities before their formal issue.

Before any deductions, particularly tax.

A fund whose portfolio comprises a range of securities from markets around the.

The closing price is the last price for a tradable instrument at the time the market closes. On.

A US high-speed system that continuously provides the last sale price and volume of any securities.