In the US, the amount (normally fixed) which a policyholder is obliged to pay prior to an.

In the US, an expense allowed by the Internal Revenue Service which is deducted from adjusted.

A document, which legally transfers ownership of property from one party to another, most commonly.

A legal document which records the obligation of one individual to pay a specified sum to another.

A document allowing beneficiaries to vary the gifts specified in someone's will even after the.

In the context of a rights issue, the issue of shares at a price much lower than the current.

An option is deep in-the-money when it is so far in-the-money that it is unlikely to go.

Used to describe an option that is unlikely to go into-the-money prior to.

Failure by a debtor to meet the terms of a loan either by not paying interest due or not repaying.

The process of rendering a contract or deed null and void following a specified.

Securities which are considered to be more stable in price in a market where prices are.

The shares of companies that are well-positioned to withstand recession, usually because the goods.

A term used in permanent health insurance which refers to a period, prior to payment by the.

Also known as income drawdown and flexible pension. See 'personal pension.

A Letter of Credit payable at a future determinable date in which a term Bill of Exchange is not required to evidence the maturity date. (see Acceptance Credit).

When reaching retirement age, a person can elect to defer payment of his/her state pension. The.

A pension plan in which an employee's pension benefit is related to number of years service and.

A pension plan in which benefits are dependent on contributions to and the growth of the pension.

An economic situation in which there is a general fall in the level of.

Failure to make payment on a loan obligation on the due.