Financial TermsRSS

Financial Terms

Girobank was established in 1968 and known then as the National Girobank. It was set up by the Post.

(GAYE)The description used for schemes where a donation to your chosen charities is automatically deducted.

(GDR)A certificate which represents ownership of a given number of a company's shares and which can be.

A mutual fund which invests in securities in countries around the world such as Europe, Asia and the.

The purchase of a security, commodity or financial instrument (e.g. shares) in the belief that.

See 'short.

When a company decides to list its shares on a stock market it has to go through an elaborate.

A plastic payment card which normally allows the holder higher spending limits over the standard.

The setting of the price of gold by dealers (especially in a twice-daily London meeting at the Bank.

In technical analysis, what happens when the short moving average price of a stock (say, its.

An economy whose growth is believed to be neither too 'hot' (i.e. too fast) or too 'cold' (too slow).

(GTC)An order to a broker to buy or sell shares at a specified price which remains valid until cancelled.

The value of a business to a purchaser over and above its net asset value. It reflects the value.

(GNMA)In the US, a government-owned corporation which guarantees payment of interest and principal of.

See: 'gilt-edged.

The period, normally 30 days, during which an insurance policy remains in force even though the.

(GPM)A mortgage scheme in which monthly payments commence at a lower level and increase over a period of.

See: 'National Insurance (NI) Basic.

See: 'National Insurance (NI).

Index-linked savings certificates. They were originally introduced for people who were over.