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Financial Terms

The value of funds returnable to the insured from the insurer upon the surrender of a cash value.

A life insurance policy which pays a benefit on the death of the insured but which also provides a.

A financial ratio which shows how long a company has to finance its own stocks for. It measures.

A sales incentive, commonly used on mortgages, which gives customers a cash sum as soon as the deal.

Insurance which gives protection to a business or homeowner against property loss, damage and injury.

See: 'Cat.

Cat standards signify that a financial product meets certain standards on Charges, Access and.

Latin for 'let the buyer beware'. This implies a buyer must ensure that goods about to be.

The major regulatory bank in a country, usually government controlled.

A computerised database of some 50,000 investment firms which have been authorised to conduct.

A certificate, issued by a building society or bank (in accordance with Section 352 of the Income.

A certificate, issued by a bank to a depositor, indicating a sum of money has been deposited for a.

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, duties) with the shipment. It can be used in sea, road or a ...

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

A plastic payment card enabling the holder to obtain goods and services without the requirement to.

A transaction which leads to a chargeable gain and which in turn promotes the issuing of a.

A certificate issued on the occurrence of a chargeable event. Details listed include the amount of.

The amount chargeable to capital gains tax (CGT) from gains made on the disposal of an asset. In.

A gift or other transfer of value made by an individual which is not covered by any of the various.

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