Financial TermsRSS

Financial Terms

The difference between the selling price and the purchase price for investments.

A reference to the major operational changes on the London Stock Exchange which took place on.

Nickname for the New York Stock.

In the UK the four large clearing banks: Lloyds TSB, Barclays, HSBC and Royal Bank of.

The six big accountancy firms: KPMG, PriceWaterhouseCoopers, Ernst & Young, Deloitte & Touche and.

In the United States, commonly known as a "Draft." However, bill of exchange is the correct term.

An order in writing by one person to another to pay a specified sum to a specified person or.

Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned.

The time between periodic billings for goods and services, typically one.

BIS

Bank for International Settlements The central bankers' bank, based in Basle,.

A mortgage whereby the borrower makes a half monthly payment every two weeks instead of the usual 12.

The Chancellor of the Exchequer's least favourite part of the economy - also known as the cash.

A company (or person) making an unwanted, hostile bid for another.

Monday 19th October 1987 when stock market values around the world fell heavily triggered by a large.

Tuesday 29th October 1929 when stock prices on Wall Street.

September 16, 1992: the day the pound was driven out of the Exchange Rate.

A pricing model devised by Fischer Black and Myron Scholes in 1973.

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

The volume of selling increasing rapidly and peaking abruptly at market tops during the last stage.

A company on the London Stock Exchange with a large market capitalisation, stable earnings,.