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

A certificate, issued by a building society or bank (in accordance with Section 352 of the Income.

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

An endowment assurance, on the life of a child, which can be taken as cash at maturity or converted.

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

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

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

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

The sale of an option, by a holder, identical to the option which is held. This transaction.

The simultaneous purchase of a stock, the purchase of a put, and the sale of a call, creating a.

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

A situation in futures trading where the future delivery price is greater than the cash or nearby.

An asset pledged as a guarantee to a lender until a loan is repaid. If the borrower defaults,.

(Forex) Currencies issued by foreign.

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

A term used in wills which refers to the personal possessions of the maker of the will. Such items.

A term used in life assurance where under certain conditions, life assurance premium relief.

A computerised payment system for clearing cheques in New.

A trust which has been registered with the appropriate authority and which enjoys income tax.

A tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for.