A system which enables cheques to be transmitted between banks (and between branches) in order to.

Formerly an abbreviation for the Commodity Exchange in New York and now a division of the New York.

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

The risk inherent in holding shares, bonds or other securities whose fortunes are closely allied.

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

The department in the London Stock Exchange which is responsible for the Regulatory News Service.

A tax credit aimed at anyone with a child under 16, regardless of their marital status. The.

A financial services sales rep, authorised to give financial advice on life assurance, pensions.

A futures expression which refers to a range of closely allied prices at which transactions were.

Liquidation of a company brought about by a court order, usually as the result of a petition by an.

The process by which a mutual organisation such as a building society changes itself into a.

This is the covering form or letter sent by a bank or seller asking that the enclosed shipping documents and bill of exchange are released to a buyer to be accepted or paid.

(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 ...

National Insurance Contributions See: 'National Insurance.

A US government-owned corporation established in 1933 to support prices through purchases of excess.

An analyst's report which recommends that certain shares be bought, held or sold, based on his.

The balance required to be kept on deposit at a bank by a borrower when taking out a loan. Should.

Another term used to describe brokerage firms because they earn their living by charging.

In the US, this refers to a corporation with only a small number of shareholders. Although a public.

Someone who thinks money is to be made in the market by doing exactly the opposite of what the.