A private trust which empowers trustees to use their discretion in distributing funds to.

A contract between an insurer and the insured. The insurer agrees to pay money to the insured upon.

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

A computerised payment system for clearing cheques in the.

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

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

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

This rather grand term refers to various things that companies can do which affect the number of.

An allowable expense subtracted from gross income to reduce income tax liability. An exemption.

(CTA)Oversees the operations of the US 'consolidated tape', which it developed, under a formal 'CTA Plan'.

The permanent ownership of land or buildings which can be legally passed on to heirs and the most.

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

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

The highest closing price for a specific security over the last 52.

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

A banking term which refers to the branch which accepts cheques to be credited to its customers'.

Unjustified overtrading by a stockbroker or fund manager.

Insurance which provides an income to policyholders when they are unable to work due to an.

The yield on a security purchased at a price below its face.

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