The amount of money which an individual has available to spend on inessential items after essential.

(DIP) Enables companies to deliver price sensitive announcements electronically to the London Stock.

A type of commodity-product spread involving the purchase of crude oil futures and the sale of.

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

An independent organisation, appointed by an exchange, which guarantees securities.

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

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

Debts owed by a company which are due for settlement within 12 months. These include creditors and...

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

A product such as an automobile or appliance whose life expectancy is at least three.

The 14 day period during which a new policy holder can cancel an insurance/assurance policy. This.

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

A payment system in which the payer authorises the payee to take funds from his bank.

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

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.

See Advance Payment Guarantee, Bid Bond/Guarantee, Performance Bond/Guarantee.

A computerised payment system for clearing cheques in New.

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

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