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Financial Terms

The practice of deferring capital gains tax liability on a gift by transferring the liability to.

A policy which covers the insured and usually his/her family for the duration of their holiday. .

(HIP)A plan enabling the normally elderly owner or owners of a property to utilise its capital value.

(HRP)A scheme which preserves your rights to a basic state pension during periods when you are caring for.

A plan which offers elderly people the opportunity of raising cash on their property. A.

A credit line offered by banks and mortgage lenders which grants the homeowner the opportunity of.

A form of property insurance which provides cover against such items as damage to the building,.

See: 'calendar.

An insurance policy which pays a specified amount to the insured in the event that he/she goes to.

A takeover bid by one company for another, in which the directors of the target company oppose.

The notification to a client by a brokerage house that more funds are required to bring a margin.

Insurance covering the structure or contents of a house. This type of insurance now tends to.

The pledging of securities as collateral - for example, to secure the debit balance in a margin.

An association formed in September 1994 by a merger of the National Federation of Independent.

An organisation established in 1989 to improve the image of Independent Financial Advisers (IFAs).

(IOC)A type of futures or option order which gives the trading crowd one opportunity to take the other.

The day on which the availability of a prospectus is advertised, and a flotation is officially.

The volatility of the underlying instrument implied by the market value option's.

A term used in banking which refers to settlement of payments between accounts both held at the same.

A call option with an exercise price below the price of the underlying instrument (e.g..