The purchase of shares in an open end mutual fund directly from the fund company rather than through.

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

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

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

The details of insurance provided by an insurance company to a policyholder.

(CPI) An index which tracks the prices of a variety of goods purchased by an average consumer. The goods.

In the US a company can file for protection under Chapter 11 of the country's bankruptcy laws. The.

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

A mortgage which guarantees the interest rate charged will remain a set number of percentage points.

An options strategy involving four strike prices that has both limited risk and limited profit.

The terms which apply when convertible loan stock, for example, a bond or a debenture, are.

A document issued by an adviser/broker to a client outlining the basis of the relationship and.

An approach by a salesperson to a prospect (prospective buyer) either by telephone or in person.

A formal notice to the writer of an option from a clearing house that an option has been exercised.

A bank jointly owned by a number of other banks. An increasingly unfashionable way for small banks.

A short term note issued by banks and corporations with a range of maturities from 30 days to 270.

A formal agreement made in a.

A futures transaction where an equal and opposite trade closes an open position. This leaves a.

(CTS) Receives and disseminates, electronically, listed stock last-sale prices in all markets in which.

The process by which a company changes the structure of its share capital by reducing the number.