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

Unjustified overtrading by a stockbroker or fund manager.

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

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

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

A computerised payment system for clearing cheques in New.

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

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

An approach to stockpicking which focuses on the search for shares whose prices have dropped so low.

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

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

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

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

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

The purchases and sales made by directors of shares in the publicly quoted companies for which.

(Forex) Currencies issued by foreign.

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

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

(cost, insurance and carriage to point of destination)This is an INCO term and explains what the price quoted represents and the responsibility of the buyer and seller in relaton to arranging for the various costs associated(e.g. insurance, freight, dutie ...

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