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.

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

A computerised payment system for clearing cheques in the.

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.

See: 'irredeemable.

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.

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

A transaction which leads to a chargeable gain and which in turn promotes the issuing of a.

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

A security which gives the holder the right to acquire a share or bond at a specific price and date..

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

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

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

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

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

These are special foreign currency denominated bank cheques which customers can buy at any branch and send to their clients to pay off debts.

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

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