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Glossary of financial terms
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EXPLANATION OF FINANCIAL TERMS

A - Accumulation Units - AVC
B - Balance sheet - Bull
C - Capitation insurance - Critical illness insurance
D - Death-in-service benefits - Dividend cover
E - E111 - Execution only
F - Fixed interest rate - FTSE
G - Gearing - Group personal pension scheme
H - Home income plans
I - IMRO - Isa
J -
K -
L - Liffe - Loan payment protection insurance
M - Mandatory quote period - Mutual
N - National savings - Normal pension age
O - Occupational pension scheme - Order book
P - P45 - Proxy
Q - Qualifying funds
R - RPI - Rights issue
S - SETS - Switching
T - Tangible assets - Turnover
U - UKGAAP - Unit trust
V - Venture capital trust
W - Warrant - White knight
X -
Y - Yield
Z - Zero dividend preference shares

 


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