Financial TermsRSS

Financial Terms

A term normally associated with accident insurance. Under certain conditions, for example a road.

Taxation of corporate earnings and subsequently taxation of.

People resident and domiciled in the UK are liable to income tax from their world-wide income.

A reversal pattern in technical analysis.

One of the main USA share indices which monitors the movement of 30 industrial companies traded.

In 1887 Charles Dow (as in 'The Dow Jones') developed two stock market 'averages':

Refers to a transaction made at a price lower than the preceding.

An order in writing by one party to another party to pay a specified sum to a third party or bearer.

This can refer to a bank cheque (as opposed to a customer cheque) or it can refer to a bill of exchange.

The party to which a Bill of Exchange is addressed for payment or acceptance. Usually, the Importer in an international trade transaction. In a Letter of Credit transaction it may be the issuing or advising bank.

The party that issues a Bill of Exchange. Usually, the Exporter in an international trade transaction.

See: 'split capital investment.

In the US, a closed end fund with a limited life and two main classes of shares. Holders of.

The process that companies, or more particularly their lawyers and accountants, carry out when one.

In the US, a power of attorney which, subject to conditions and safeguards, continues in force even.

An auction of multiple identical items in which the winning bidder pays the price bid by the lowest.

Commission earned by a broker on both the sale and purchase.

A twist on the phrase 'ear bending' which is used to describe the way that the Bank of England lets.

The practice of setting aside a proportion of the main earner's pension fund on divorce, benefits.

A feature of American-style options that allows the owner to exercise an option at any time prior to.