A computerised payment system for clearing cheques in New.

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

A protective options strategy in which a written call and a long put are taken against a previously.

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

Unforeseeable events, beyond the control of participants in a contract, which may excuse either side.

This is where a seller sends documents relating to a shipment through his or her bank to the buyer's bank asking that they are released when a payment is made (CAD or D/P) or a bill of exchange is accepted (D/A).

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

The Chicago Mercantile Exchange (or Merc) was called the Chicago Butter and Egg Board until 1919 and.

The period following the dividend declaration date to the date of record during which a stockholder.

To purchase enough of the available supply of a commodity or stock in order to manipulate its.

See: 'irredeemable.

The index of the share prices of the companies which are listed in the FTSE Actuaries All-Share.

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

A defensive regulation which some stock exchanges have to limit the damage of a sharp fall in.

The annual dividend income per share received from a company divided by its current share price..

(CAES)An NASD inter-dealer automated execution system for listed 19c-3 securities. CAES is the NASD link.

The legal transfer of real property (i.e. land and buildings) from one owner to another..

The distribution of part of a company's earnings to shareholders, usually twice a year in the.

A way of valuing a share based on the net present value of the dividends that you expect to.

A certificate issued on the occurrence of a chargeable event. Details listed include the amount of.