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

An entry made into an account or statement to nullify a previous.

An internal 'wall' between two departments of a bank or other financial institution which is.

A term used by the London Stock Exchange to denote that a trade was reported for a transaction.

The annual rate of interest paid by the issuer of a bond until maturity. So, for instance, a Glaxo.

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

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

A mutual fund which invests solely in common stocks of.

Created by the US Congress in 1974 to regulate exchange trading in futures. URL:.

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

See 'occupational pension.

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

A mortgage on a non residential building occupied by a.

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

Basic raw materials and foodstuffs such as metals, petroleum, coffee, grain.

A securities market in which the difference between bid and offer prices is narrow and which.

Literally, the act of complying with rules and regulations.

A business person who specialises in turning round companies in deep trouble.

The world's largest exchange for futures contracts, in terms of the number of contracts traded.

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