Corporate bonds are issued by companies to raise capital. They are an alternative to issuing new.

In the US, financial protection of certain bank and credit union accounts by way of insurance.

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

Unjustified overtrading by a stockbroker or fund manager.

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

See: 'irredeemable.

A company jointly owned by the London Stock Exchange and FT which creates and compiles financial.

The purchase of an option, by a writer, which has the same terms as an option which has previously.

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

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

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

A local taxation system which was introduced on 1st April 1993 to replace the previous and.

The movement of a futures price towards that of the underlying instrument as the contract date.

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

An account, with a bank (or additionally a building society in the UK) into which deposits are made.

A computerised payment system for clearing cheques in the.

The yield on a security before the deduction of tax. Yield is a measure of the return on an.

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

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'.