See 'state.

A person who assigns an asset or right to another.

A mortgage in which the rate of interest paid by the borrower follows movements in the base.

A combination of banking and insurance business. A high street bank, for example, might sell both.

US legislation to prevent monopolies and restraint of.

A guarantee issued by a bank, on behalf of a seller to a buyer, in relation to any advance payment that is made by the buyer to the seller to allow the contract to commence. If the contract is not completed the buyer can claim reimbursement of the advance ...

The official examination of a company's accounts by a qualified accountant external to the.

A mutual fund which invests in a balance of common stock, bonds and preferred stock with an.

A person to whom an asset or right is.

A tariff term referring to ocean rate less accessorial charges, or simply the base tariff rate.

See 'automated teller.

The amount of interest due on bonds and dividends due on cumulative preferred stock but as yet.

The distribution of shares to applicants in a new issue. Applicants may get all the shares they.

A written agreement (also called a deed of trust) between a bond issuer and a purchaser which.

A person appointed by a principal to act on the latter's behalf in.

The process by which a third party, usually a bank guarantees the undertaking of the drawee to meet their responsibility under a Bill of Exchange. The words "Per Aval" and the signature of the avalizing (guarantor) party must be written on the Bill. ...

A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.

A reference sought from a bank by a company or individual regarding the creditworthiness of another.

The main rate of income tax in the UK, which for the year 2002-2003 is 22%. The rate is applied.

(ARPS)Preferred stock which pays a dividend in line with interest rates generally rather than a fixed.