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

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

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

An option strategy in which one call and one put with the same strike price and expiration are.

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.

A commitment made by a person to be answerable for the debts or liabilities of.

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

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

A business owned and operated by its.

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

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

See: 'waiver of.

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) ...

Aggregated forecasts drawn from a number of different brokers about the likely future earnings of.

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

Convertibles are bonds issued by companies which can be converted into ordinary shares or.

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

A document on which changes or additions are made to an existing signed will. Both the will and the.

An extensive property.