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      YTD
  NY DJIA 23,358 18.19%
  NY NASDAQ 6,783 26.00%
  London FTSE 7,381 3.33%
  Tokyo Nikkei 22,262 16.47%
  Shanghai SSE 3,392 4.39%
  Frankfurt DAX 12,994 13.18%
  Paris CAC 40 5,319 9.40%
  Singapore SGX 3,387 17.59%
  Malaysia KLSE 1,718 4.67%
  Thailand SET 1,717 11.27%
 
    USD EUR
  GBP 0.76 0.89
  JPY 112.07 131.67
  EUR 0.85 -
  USD - 1.17
  CNY 6.63 7.79
  CAD 1.28 1.50
  AUD 1.32 1.55
  HKD 7.81 9.18
 
      YTD
  Gold $1,290.80 12.16%
  Brent Crude $62.59 13.88%
  Silver $17.16 4.38%
  Platinum $943.48 -0.89%
  Natural Gas $3.07 -6.35%
  Wheat $439.75 8.31%
   
    Updated On 20-11-2017
 
Glossary of Terms
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Absolute Owner
This is the sole owner of a piece of property, such as a building, vehicle or piece of equipment.
Abstract of title
This is a document which summarises all the title deeds to a property such as a house. It is drawn up for the seller when a property is being sold.
Accrual Rate
This is the rate by which a pension from an earnings-related occupational pension scheme builds up from one year to another. The rate is shown as a fraction or a percentage of the member's final yearly salary.
Accrue
If something is accruing, it is building up day by day. If an organisation owes money for goods and services but has not received a bill up to the date it prepares its accounts, it will estimate what it owes. It will then include the debt in its accounts. This estimated liability is called an accrual.
Accrued income security
This is a security (investment) which pays interest at regular intervals. When it is sold, interest may have built up and this interest will be paid to the new owner. Interest built up like this is called accrued interest.
Accumulation date
This is the date when income will be credited to a unit trust which reinvests its income (an accumulation unit), instead of paying the income out to the investors.
Accumulation unit
The type of unit trust which reinvests the income it earns, instead of paying it out immediately to the investors, is called an accumulation unit.
Actuary
An actuary is an expert on pension scheme assets and liabilities, life expectancy and probabilities for insurance purposes (the likelihood of things happening). An actuary works out whether enough money is being paid into a pension scheme to pay the pensions when they are due.
Ad valorem
If a duty is ad valorem the duty varies with the price of the asset which is being transferred.
Additional voluntary contribution
People in occupational pension schemes can pay in extra money to increase their pension benefits. The extra money they pay in is an additional voluntary contribution.
Next
 
 
Oct 2017
German fund inflows for 2017 already ahead of last year
Oct 2017
Zinc is dull but useful, and it’s in short supply – it’s time to buy!
Mar 2017
Confidence among European and global fund managers is increasing, with many seeing European equities as undervalued as the macro landscape improves.
Feb 2017
A 17-year bear market is over. The next two to three years could be the best time in decades to be invested in the UK stockmarket. Expect the FTSE 100 to smash through 8,000 - maybe even run on to 10,000.
 
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