Financial TermsRSS

Financial Terms

A policy which covers the insured against the loss of an asset. The purpose of the insurance is to.

A written agreement (also called a deed of trust) between a bond issuer and a purchaser which.

(IFA)A person qualified to give financial advice to clients on life assurance, pensions, funds, and.

In the stock market, an index is a device that measures changes in the prices of a basket of.

See: 'tracker.

The coupling of salaries and pensions etc to the retail price index in order to make sure that the.

Family income assurance in which the assured may, if he or she chooses, increase premiums in line.

Term assurance in which premiums are increased in line with the retail price index and hence the sum.

Call or put options on an index such as the Standard and Poor's 500 Index or the FTSE 100.

Indexation is an allowance which reduces the taxable gain on an investment by increasing its base.

Taxation which is levied in an indirect way rather than being charged directly on an individual's.

(IIEDS)A service for individual investors which puts their orders at the head of any Tandem Systems Queue..

(IRA)In the US, a tax-deferred retirement savings account which may be set up by people in employment. .

(ISA)A tax-favoured savings account introduced on 6th April 1999 which replaced PEPs and TESSAs. ISAs.

(ITR)The London Stock Exchange's report provides historic turnover data for individual equity and fixed.

An assurance policy on the life of an individual where weekly or monthly premiums are regularly paid.

The increase of prices in an economy over a period of time, usually annualised for comparative.

(HIT)A tax on gifts made by an individual in the seven years before death, and on the value of assets.

A charge imposed by a fund management company to cover administrative and marketing costs, and to.

The payment which investors have to pay to a broker to trade on margin, commonly used in trading.