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

The process of moving payments between accounts from different banks or.

See: 'Financial Services Compensation.

Stocks whose earnings have grown at an above average rate over a number of years and which are.

The Financial Times 100 Share Index (FTSE 100.

Insurance provided for company employees by employers. Items covered may include health insurance,.

The interest rate at which the US Federal Reserve lends money to member.

The interest rate earned on money placed on deposit with banks and financial institutions.

Where documents presented by an Exporter under a Letter of Credit do not comply with the terms of the Letter of Credit or are inconsistent with other documents presented.

A term used in options trading. It is a straddle using options with different exercise prices, where.

The ratio between a company's earnings (net profit after tax) and the net dividend paid to.

A computerised database of some 50,000 investment firms which have been authorised to conduct.

A bond issued in sterling by a foreign institution or.

See 'time.

The difference between the net asset value (NAV) per share of an investment trust and the share.

(ERM)The mechanism by which members of the EC formerly operated their currency exchange rates within.

The last day on which the seller can present documents to the advising or issuing bank.

Purchase of shares without entitlement to current dividends. This entitlement remains with the.

A French or continental European stock.