(G7)The seven foremost industrial countries outside what was the communist bloc. They are USA, Germany,.

A term used by the London Stock Exchange to denote that a trade was effected as an agency cross or a.

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

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

This is where a bank other than the issuing bank also guarantees payment under the letter of credit. It normally is used if a seller finds the issuing bank an unacceptable risk and asks his or her own bank or another acceptable bank to guarantee (confirm) ...

The purchase of accepted term Bills of Exchange at a discount to allow for the funding of the advance from the discount date until the maturity date of the bills.

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

An office, represented in most towns in the UK, where the public can obtain free advice on an.

Something of value given by one party to another in return for entering into a contract. To be.

The movement of a futures price towards that of the underlying instrument as the contract date.

A with profits life assurance bonus, normally added annually to the policy, which is based on the.

An order to execute a transaction in one security that depends on the price of another security..

A formula closely related to Net Present Value which springs from the idea that

People resident and domiciled in the UK are liable to income tax from their world-wide income.

See: 'irredeemable.

The setting of the price (which then remains fixed) for forward dealing. This occurs at the time.

A card, issued by a bank (or a building society in the UK), which guarantees the payment of a cheque.

A bank account which offers a number of facilities including cheque book for debt.

An arrangement in which two parties exchange a series of cashflows in one currency for a series.

See 'baby.